6th Circuit Affirms Ruling In Favor Of Maritime Cargo Insurer

(April 8, 2024, 11:37 AM EDT) -- CINCINNATI — The Sixth Circuit U.S. Court of Appeals affirmed a lower court’s summary judgment ruling in favor of a maritime cargo insurer in an insured’s breach of contract lawsuit seeking coverage for its $5 million in unanticipated shipping expenses, finding that the policy’s Risks Covered and Shipping Expenses clauses do not provide coverage....