A Mason City soybean company is suing its insurance carrier for not covering damage to a shipment that became infected with Indian meal moths in 2005.
Midwestern Soybeans International Inc. filed lawsuit this month in Cerro Gordo County District Court. The company accuses Des Moines-based Continental Western Insurance Co. of failing to pay about $186,000 in damages when a shipment of soybeans arrived in Japan and was rejected due to the moths.
According to court documents, Continental Western denied coverage based on an exclusion claiming the soybean damage occurred before the beans were transported. Kim Pleggenkuhle, owner of Midwestern Soybean, said the moths were not present when the soybeans left for Japan.
Information from: Globe Gazette, http://www.globegazette.com/
Topics Lawsuits
Was this article valuable?
Here are more articles you may enjoy.
Breaking: Florida Appeals Court Reverses $200M Jury Verdict in Maya Kowalski Case 
Old Republic to Acquire Small Farmowner Insurer Everett Cash Mutual 
Hurricane Melissa Churns Toward Jamaica as Category 5 Storm 
AIG to Acquire Renewal Rights of Everest’s Retail Commercial Business Worth $2B 
