A federal appeals court has dismissed the remaining portions of a lawsuit filed by a Nebraska crop insurance company against the Federal Crop Insurance Corp.
American Growers Insurance Co. filed the lawsuit in November 2001 in U.S District Court for the Southern District of Iowa. The suit sought damages for breach of contract and alleged violations of federal law.
The Iowa court awarded $950,000 to the insurance company, concluding that the Federal Crop Insurance Corp. denied the company premiums it should have collected. The court dismissed some of the allegations while others were appealed to the 8th U.S. Circuit Court of Appeals.
American Growers Insurance was declared insolvent in 2005 and liquidated.