Insured Reaches Settlement With Insurer, Reinsurer In Business Interruption Suit

Mealey's (July 20, 2017, 10:12 AM EDT) -- PITTSBURGH — A glass manufacturer insured, an insurer and a reinsurer have agreed to settle a coverage dispute over property damage and business interruption losses arising from the insured’s equipment breakdown, according to a Pennsylvania federal judge’s June 7 order (Hartford Steam Boiler Inspection and Insurance Co., et al. v. International Glass Products LLC, et al., No. 08-1564, W.D. Pa.; 2016 U.S. Dist. LEXIS 135045)....