Blue Bell loses insurance appeal

Blue Bell loses an insurance appeal in the 5th Circuit Court of Appeals. Shareholders sued for losses during the 2015 listeria outbreak at a Blue Bell creamery. Two insurance companies’ general liability policies excludes payments for legal costs in a shareholder lawsuit. The judge ruled in their favor stating insurance is for bodily harm, not for intentional wrongdoing. Blue Bell had knowledge of the listeria outbreak and continued ice cream sales.