Mine Site Owner Blasts Chartis' Effort To Avoid Damages

Law360, New York (February 9, 2012, 2:14 PM EST) -- A Texas landscaping company facing pollution cleanup costs at the site of a former graphite mine on Wednesday accused its insurer, Chartis Specialty Insurance Co., of trying to avoid punitive damages through an illegal reading of their prior settlement agreement.

Greensmiths Inc. asked a Texas federal judge to rule that American International Specialty Lines Insurance Co. — now known as Chartis Specialty Insurance — could not assert that their September 2006 settlement blocks Greensmiths from recovering all prospective punitive, exemplary and extra contractual damages, even those...
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