AIG Specialty Insurance Co. is suing ABC News over its settlement with Beef Products Inc. regarding ABC’s “pink slime” reports. AIG Specialty Insurance is one of the insurers for ABC’s parent company, the Walk Disney Company. AIG is suing Disney over its insistence that its settlement with BPI, which cost Disney $177 million, after the amounts covered by insurance, is …
ABC / Disney Settlement with BPI Worth More Than $177 Million
The settlement between Disney, the parent company of ABC News, and BPI, or Beef Products Inc, is worth more than $177 million. The terms of the settlement agreement are not disclosed. However, last week Disney disclosed a charge of $177 million, “net of committed insurance recoveries,” incurred in connection with the settlement of litigation, during a quarterly finance report. South …
Seed Trade Talks Underway at Disney
The American Seed Trade Association’s (ASTA) 56th Annual Vegetable and Flower Seed Conference is underway at the Walt Disney World Resort in Orlando, Florida. AgNet Media is at the convention and spoke with ASTA President and CEO Andy LaVigne about the conference and why Disney World is a good venue for the industry. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed …