Law360, New York (December 14, 2011, 8:04 PM ET) -- Sealant maker RPM Inc. asked the Sixth Circuit on Monday to reconsider its ruling that $125 million in asbestos-related insurance payments RPM sought were blocked by product hazard caps, saying the court's definition of an insured was far too expansive.
A three-judge panel on Nov. 28 upheld an Ohio federal court's granting of summary judgment to a group of insurers, including Allstate Insurance Co. Having already received more than $100 million from the insurers, RPM and two subsidiaries sought additional coverage for settlement and defense costs...
RPM Seeks 6th Circ. Rehearing Over Asbestos Coverage
To view the full article, take a free trial now.
