Topic: Asbestos
Connecticut Supreme Court Rules that “Common Cause” Provision of Reinsurance Treaty Is Ambiguous With Respect to the Aggregation of Claims
Jan 16, 2008 | Asbestos, Connecticut Developments, Coverage & Claims, Industry Developments, Reinsurance | United States
In Hartford Accident and Indemnity Co, et al. v. Ace American Reinsurance Co., et al., No. 17625 (Sup. Ct. Conn. Dec. 25, 2007), the Connecticut Supreme Court found a “common cause” provision in a reinsurance treaty to be ambiguous for purposes of whether multiple asbestos claims could be aggregated as a single occurrence, reversing the lower court’s decision granting summary judgment to the defendant reinsurers.
Read MoreOhio Court of Appeals: Consideration of Extrinsic Evidence is Proper in Determining Meaning of Policy Wording As to Aggregate Limits Where Portions of the Policy at Issue are Missing
Jan 8, 2008 | Asbestos, Coverage & Claims, Extra-Contractual Liability | United States
Massachusetts Court Orders Discovery of Reinsurance Agreements
Dec 28, 2007 | Asbestos, Coverage & Claims, Massachusetts Developments, Reinsurance | United States
A Massachusetts trial court recently ordered a defendant insurer to produce reinsurance agreements during discovery in a coverage dispute. Neles-Jamesbury, Inc. v. Liberty Mutual Ins. Co., C.A. No. 02-0982A (October 11, 2007).
Read MoreCalifornia Federal Court: Second Insurer With Interest In Outcome Of Coverage Litigation Has Right To Intervene
Dec 7, 2007 | Asbestos, Coverage & Claims, Toxic Tort | United States
The U.S. District Court for the Northern District of California recently granted an insurer’s motion to intervene in an indemnity dispute between another insurer and an asbestos product supplier.
Read MoreSeventh Circuit Enforces 30-Day Deadline to Select Party-Appointed Arbitrator
Sep 21, 2007 | Arbitration, Asbestos, Illinois Developments, Reinsurance | United Kingdom, United States
Connecticut State Court Rules That Service On Designated Agents For Process Sufficient And Orders Hearing On Amount Of Prepleading Security To Be Posted
Aug 27, 2007 | Asbestos, Connecticut Developments, Reinsurance | United States
Massachusetts Court Weighs In On Duty To Defend Issues
Aug 17, 2007 | Asbestos, Coverage & Claims | United States
Travelers Enters Settlement with ACandS, Ending “Potentially Unlimited” Exposure; Plan Includes Reinsurance Allocation
Jul 17, 2007 | Asbestos, Coverage & Claims, Reinsurance, Toxic Tort | United States
Third Circuit Rules that Consolidation is Issue for Arbitrators
Jun 21, 2007 | Arbitration, Asbestos, New Jersey Developments, Reinsurance | United States