Hartford Fire Insurance Co. is not barred by bill-of-lading time limits in its efforts to recover about $3 million the insurance company had to pay a shipper under a theft policy due to fraud by two trucking executives, the U.S. Court of Appeals for the Eighth Circuit ruled recently.
Inflated freight charges incurred under an alleged kickback scheme among affiliated carriers are not overcharges subject to a statute of limitations, the appeals court said last month in overturning a lower court decision.
