Insurer Says Salt Co. Misrepresented Risks Before Fire

Law360, London (October 3, 2019, 2:07 PM BST) -- Insurer Covea has hit back at a salt producer suing to recoup £2.8 million ($3.5 million) following a fire at a plant, saying the manufacturer misrepresented itself as a successful business and acquired more insurance than it needed for machinery it did not own.

Covea Insurance PLC told a judge at the High Court in London that NGS Salt Supplies Ltd. cannot collect under an insurance policy covering fire damage because the manufacturer downplayed its risks when it took on the policy, thereby voiding it. 

NGS Salt had sought to insure £4 million in machinery and buildings but owned just equipment and...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!