Aspen Specialty Ins. Co. v. Nucor Corp.

2025 NCBC 67
CourtNorth Carolina Business Court
DecidedOctober 31, 2025
Docket19-CVS-19887
StatusPublished

This text of 2025 NCBC 67 (Aspen Specialty Ins. Co. v. Nucor Corp.) is published on Counsel Stack Legal Research, covering North Carolina Business Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Aspen Specialty Ins. Co. v. Nucor Corp., 2025 NCBC 67 (N.C. Super. Ct. 2025).

Opinion

Aspen Specialty Ins. Co. v. Nucor Corp., 2025 NCBC 67.

STATE OF NORTH CAROLINA IN THE GENERAL COURT OF JUSTICE SUPERIOR COURT DIVISION MECKLENBURG COUNTY 19CVS019887-590

ASPEN SPECIALTY INSURANCE COMPANY; ENDURANCE AMERICAN SPECIALTY INSURANCE COMPANY; PARTNERRE IRELAND INSURANCE LTD.; HELVETIA SWISS INSURANCE COMPANY; LEXINGTON INSURANCE COMPANY; LIBERTY MUTUAL FIRE INSURANCE COMPANY; LIBERTY SURPLUS LINES INSURANCE COMPANY; XL INSURANCE AMERICA, INC.; ZURICH AMERICAN INSURANCE COMPANY; and ACE AMERICAN INSURANCE COMPANY,

Plaintiffs,

v. ORDER AND OPINION ON CROSS- MOTIONS FOR SUMMARY NUCOR CORPORATION and NUCOR JUDGMENT AND PLAINTIFFS’ STEEL LOUISIANA, LLC, MOTION TO STRIKE LEVANDUSKI DECLARATION Defendants, [PUBLIC] and

XL INSURANCE AMERICA, INC.; and LIBERTY MUTUAL FIRE INSURANCE COMPANY,

Intervening Complaint- Plaintiffs,

v.

NUCOR CORPORATION and NUCOR STEEL LOUISIANA, LLC,

Intervening Complaint- Defendants. 1. THIS MATTER arises from an industrial accident at a Nucor Corporation

and Nucor Steel Louisiana, LLC (collectively, Nucor) steel manufacturing facility and

Nucor’s subsequent claims for coverage under its property and equipment breakdown

insurance policies. Plaintiffs (the Property Insurers) and Intervening Complaint-

Plaintiffs (the EB Insurers) contend that the loss is not covered under either of their

policies. 1

2. The case is before the Court on four cross-motions for summary judgment

and a motion to strike, specifically: (i) Intervening Complaint-Plaintiffs XL Insurance

America, Inc. and Liberty Mutual Fire Insurance Company’s Motion for Summary

Judgment (the EB Insurers’ Motion), (ECF No. 267 [EB Ins. Mot.]); (ii) Plaintiffs’

Motion for Summary Judgment as to Counts I and V of their Complaint and all

Counts in Nucor’s Counterclaim (the Property Insurers’ Motion), (ECF No. 270 [Prop.

Ins. Mot.]); (iii) Nucor Corporation and Nucor Steel Louisiana, LLC’s Motion for

Partial Summary Judgment Against Intervening-Complaint Plaintiffs (Nucor’s EB

Insurance Motion), (ECF No. 275 [Nucor Mot. EB Ins.]); (iv) Nucor Corporation and

Nucor Steel Louisiana, LLC’s Motion for Partial Summary Judgment Against

Plaintiffs (Nucor’s Property Insurance Motion), (ECF No. 278 [Nucor Mot. Prop.

Ins.]), (collectively, the Cross-Motions for Summary Judgment); and (v) Plaintiffs’

1 Because certain materials referenced in this Order and Opinion were filed under seal, (see

ECF No. 324), the Court’s ruling was provisionally filed under seal on 27 October 2025. The Court then permitted counsel for the parties to confer and advise the Court whether they contend any matters referenced herein should be sealed. Having afforded the parties this opportunity, the Court now files its Order and Opinion on the public record. Motion to Strike Levanduski Declaration (the Motion to Strike), (ECF No. 308 [Pls.’

Mot. Strike]), (collectively, the Motions).

3. After considering the Motions, briefs, exhibits filed with respect to the

Motions, oral arguments of counsel, and other relevant matters of record, the Court

GRANTS in part and DENIES in part the parties’ Cross-Motions for Summary

Judgment and DENIES the Motion to Strike.

Hedrick Gardner Kincheloe & Garofalo, LLP by David Levy and C. Rob Wilson, III; and Hinshaw & Culbertson LLP by David E. Heiss and Peter E. Kanaris for Plaintiffs Aspen Specialty Insurance Company; Endurance American Specialty Insurance Company; PartnerRe Ireland Insurance Ltd.; Helvetia Swiss Insurance Company; Lexington Insurance Company; Liberty Mutual Fire Insurance Company; Liberty Surplus Lines Insurance Company; XL Insurance America, Inc.; Zurich American Insurance Company; and Ace American Insurance Company.

DLA Piper LLP (US) by Robert Santoro, Aidan Middlemiss McCormack, and Benjamin D. Schuman; and Johnston, Allison & Hord, P.A. by Kimberly J. Kirk and Katie D. Burchette for Intervening Complaint- Plaintiffs XL Insurance America, Inc. and Liberty Mutual Fire Insurance Company. 2

Flanagan Partners, LLP by Camille E. Gauthier, Harold Jude Flanagan, Thomas Moore Flanagan, Meghan Grant, 3 and Alixe L. Duplechain; and Moore & Van Allen PLLC by Scott M. Tyler and Jonathan Daugherty Gilmartin for Defendants and Intervening Complaint-Defendants Nucor Corporation and Nucor Steel Louisiana, LLC.

Earp, Judge.

2 On 10 June 2025, Robert Santoro and Aidan McCormack informed the Court of their change

in law firm affiliation from DLA Piper LLP (US) to Dentons LLP US, (ECF No. 333), and Benjamin D. Schuman moved to withdraw as counsel, (ECF No. 334). The Court granted Mr. Schuman’s motion on 16 June 2025. (ECF No. 336.)

3 The Court granted Ms. Grant’s motion to withdraw as counsel on 6 February 2024. (ECF No. 258.) I. FACTUAL AND PROCEDURAL BACKGROUND

4. The Court does not make findings of fact when ruling on motions for

summary judgment, but instead “summarizes the relevant evidence of record, noting

both the facts that are disputed and those that are uncontested, to provide context

for the claims and the [m]otions.” Aym Techs., LLC v. Rodgers, 2019 NCBC LEXIS

64, at *2 (N.C. Super. Ct. Oct. 16, 2019) (citing Hyde Ins. Agency, Inc. v. Dixie Leasing

Corp., 26 N.C. App. 138, 142 (1975)).

5. Plaintiffs are ten property insurers 4 that contracted with Nucor

Corporation to provide first-party commercial property insurance that was in effect

from 1 January 2017 to 1 January 2018. (See Compl. Exs. A–K [Prop. Policies], ECF

No. 3.) The Property Insurers provided coverage pursuant to a manuscript policy

custom-designed for Nucor by its broker, Marsh USA, Inc. (See Prop. Ins. Mot. Ex. S

33:7–34:10 [Marsh Dep.], ECF No. 276.)

6. Intervening Complaint-Plaintiffs are two equipment breakdown insurers,

XL Insurance America, Inc. (XL) and Liberty Mutual Fire Insurance Company

(Liberty Mutual), that contracted with Nucor Corporation to provide equipment

breakdown insurance (the EB Policy) from 15 September 2016 to 1 January 2019.

(See Intervening Compl. Ex. A, ECF No. 6; XL Mem. Law Opp’n Nucor Mot. Partial

Summ. J. Ex. A [EB Policy], ECF No. 172.1.)

4 Aspen Specialty Insurance Company, Endurance American Specialty Insurance Company,

PartnerRe Ireland Insurance Ltd., Helvetia Swiss Insurance Company, Lexington Insurance Company, Liberty Mutual Fire Insurance Company, Liberty Surplus Lines Insurance Company, XL Insurance America, Inc., Zurich American Insurance Company, and Ace American Insurance Company. 7. Defendant Nucor Corporation is a Delaware corporation with its principal

place of business in Charlotte, North Carolina. (Nucor Countercls. [Prop. Ins.] ¶ 1,

ECF No. 25 [Nucor Countercls. Prop. Ins.].)

8. Defendant Nucor Steel Louisiana, LLC (NSLA) is a subsidiary of Nucor

Corporation. Its principal place of business is in Convent, Louisiana. (Nucor

Countercls. Prop. Ins. ¶ 2.) Both Nucor Corporation and NSLA are insureds under

the policies at issue. (Prop. Policies; EB Policy.) 5

9. Nucor’s Convent facility processes iron ore that is then shipped to another

facility for use in the production of steel. (Prop. Ins. Mot. Ex. E 28:9–29:13 [Lynch

Dep.], ECF No. 276.) During the production process, raw iron ore pellets are

transported on conveyor belts, coated with cement, and then fed into a reactor, where

they are heated to produce direct reduced iron (DRI). (Lynch Dep. 28:9–29:13; Prop.

Ins. Mot. Ex. A 34:6–12, 72:10–11 [Price Dep.], ECF No. 276.) Iron ore that enters

the reactor without the protective cement coating solidifies and cannot be used in

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2025 NCBC 67, Counsel Stack Legal Research, https://law.counselstack.com/opinion/aspen-specialty-ins-co-v-nucor-corp-ncbizct-2025.