Insurance to Cover Slim Jim Explosion?

ConAgra Foods, the company that owns the North Carolina Slim Jim plant where there was a recent explosion, said that insurance will likely cover all related costs caused by the disaster. As a result, the company says that the explosion won’t have much of an impact on their financial reports.
In the Slim Jim explosion, there were 41 casualties — 38 injuries and three deaths. Multiple investigations into the disaster indicated that flammable gas released by a contractor likely caused the explosion.
In a filing with the SEC, ConAgra Foods had this to say: “The company maintains comprehensive property and general liability …read more