Company Gets $11 Million over Oil Leak
ST. LOUIS (AP) — A federal jury ordered an insurance company to pay $11 million to a Joplin company for damages caused by an oil pipeline leak.
A federal jury in St. Louis returned the verdict Thursday.
TAMKO Building Products Inc. said in a lawsuit that Factory Mutual Insurance Company refused to pay for damages after an oil leak in 2008 forced an asphalt shingle facility in Maryland to close.
For a month after the leak, TAMKO did not have the asphalt needed to make shingles because their supplier was affected by the oil leak.
The St. Louis Post-Dispatch ((http://bit.ly/SqjIxe ) reports that in pre-trial filings, Factory Mutual said that TAMKO didn't prove it couldn't make up the lost time or that it lost any sales.
Information from: St. Louis Post-Dispatch, http://www.stltoday.com