5th Circ. Lets Federal Off Hook In La. Explosion Deal

Law360, New York (July 20, 2011, 3:45 PM EDT) -- The Fifth Circuit ruled Tuesday that secondary insurer Federal Insurance Co. had no duty to cover Thomas & Betts Corp. for a $6.2 million settlement in an underlying personal injury suit over a 1999 explosion at a Louisiana processing plant.

In a per curiam decision, the three-judge panel concluded that a Louisiana district court erred in granting summary judgment to primary insurer New Hampshire Insurance Co. and its claims administrator AIG Domestic Claims Inc. in Federal's suit seeking to recoup nearly $1 million that it had...
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