Insurer Must Pay $25M Thailand Flood Claim, 6th Circ. Told
By Jeff Sistrunk ( November 14, 2017, 7:26 PM EST) -- Federal-Mogul Corp. on Tuesday urged the Sixth Circuit to uphold a Michigan federal judge's ruling that its insurance carrier must pay $25 million for the flood-related shutdown of an auto parts plant in Thailand, contending that a flood sublimit in the insurer's policy doesn't apply to the losses resulting from the closure....
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