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/
Was this article valuable?
Here are more articles you may enjoy.
FM Using AI to Elevate Claims to Deliver More Than Just Cost Savings 
Credit Suisse Nazi Probe Reveals Fresh SS Ties, Senator Says 
Hackers Hit Sensitive Targets in 37 Nations in Spying Plot 
Portugal Rolls Out $2.9 Billion Aid as Deadly Flooding Spreads 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.