Insurers Score Win Over Reichhold Faulty Resin Suits

Law360, New York (June 4, 2009, 12:00 AM EDT) -- Finding that polymer maker Reichhold Inc.'s alleged sale of defective window resin is a breach of contract, a magistrate judge has recommended that National Union Fire Insurance Co. of Pittsburgh and other insurers not be required to provide coverage for lawsuits seeking more than $100 million in damages.

Magistrate Judge Wallace W. Dixon of the U.S. District Court for the Middle District of North Carolina ruled Tuesday that damage related to resins does not qualify for coverage under various liability policies of Reichhold because they do...
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