A group of insurance companies filed a subrogation lawsuit against Norfolk Southern seeking to recoup on claims paid to cover damages from the February 2023 train derailment and subsequent release of toxic chemicals in East Palestine, Ohio, according to documents filed at the U.S. District Court for the Northern District of Ohio.
Tag: insurer lawsuit
Samsung Chip Plant Sues Insurer Over $400M in Storm Damage Claims
A Samsung Electronics Co. semiconductor plant in Texas sued its insurer for $400 million in damage claims.
USOPC Suing Insurers for Holding Up Nassar Sexual Abuse Settlement Talks
The United States Olympic and Paralympic Committee (USOPC) said on Friday it has filed a lawsuit against its insurance providers for failing to fulfill obligations in reaching a settlement with survivors of the Larry Nassar sexual abuse scandal. Committee Chair Susanne Lyons, speaking on a conference call, accused insurers of holding up settlement negotiations with… Continue reading USOPC Suing Insurers for Holding Up Nassar Sexual Abuse Settlement Talks
Houston Rockets Sue FM Global Over Denied COVID-19 BI Loss Claims
The Houston Rockets and billionaire owner Tilman Fertitta are suing their insurer for denying the National Basketball Association team’s bid to tap its business-interruption insurance policy over revenue losses from the Covid-19 pandemic. Fertitta’s Rocket Ball Ltd. and Clutch City Sports & Entertainment L.P., the respective holding companies for the team and Toyota Center where… Continue reading Houston Rockets Sue FM Global Over Denied COVID-19 BI Loss Claims