Insurer’s check in the mail for Noranda

By Geert De Lombaerde Posted on June 25, 2009 at 8:31 am

Aluminum producer Noranda will get $44 million to settle some of the claims stemming from a January ice storm that knocked out its large Missouri plant. In its most recent quarterly report, the Franklin-based company has $77 million of coverage. (Search for ‘January 26.’)

Tags: commodities, Factory Mutual Insurance Co., insurance, Missouri, Noranda Aluminum Holding Corp., property & casualty insurance

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