Hanson PLC v. National Union Fire Insurance

— The insurer, National Union Fire Insurance Company (National Union) appeals from a judgment on a verdict for the insured, Hygrade Food Products Corporation (Hygrade) 1 in Hygrade's action for payment of benefits under a fidelity insurance policy. Hygrade cross-appeals from the trial court's denial of prejudgment interest. We affirm.

Facts

Hygrade, a national meat processing company, operated its own rendering department in which it processed meat byproducts into tallow and meat meal. Hygrade also rendered byproducts that it purchased from suppliers. One of those suppliers was a company called…