Business Services Industry
Updates.(Statistical Data Included)
Business Insurance, September, 2001
Wisconsin appeals court overturns pollution rulings MILWAUKEE-The Wisconsin Court of Appeals last Wednesday overturned a $100 million punitive damages award against Wisconsin Electric Power Co. for its role in dumping toxic waste. In addition, the 2-1 ruling overturned a trial court decision that prohibited Wisconsin Electric from pursuing insurance coverage for the punitive damages award.
The suit arose from the discovery of oxide box waste, a byproduct of producing natural gas from coal, on property in West Allis, Wis. The property owners, which included the city, sued Wisconsin Electric to cover cleanup costs. A jury in 1999 awarded the plaintiffs nearly $4.5 million in compensatory damages and $100 million in punitive damages. After the trial,...
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