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Tag Archives: FM Global

Shipbuilder reaches $180M settlement with insurer for Katrina losses

PASCAGOULA — Huntington Ingalls Industries and its insurer have reached cash settlement for $180 million for the shipbuilder’s losses from Hurricane Katrina in 2005 at facilities in Pascagoula and Avondale, La. The Mississippi Press reports that the information was contained in a filing this week with the Securities and Exchange Commission. On Sept. 6, the company reached a settlement with ...

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