Steadfast's Steel Plant Explosion Coverage Suit Tossed

Law360, Chicago (October 25, 2012, 4:52 PM EDT) -- An Illinois federal judge on Thursday axed Steadfast Insurance Co.'s suit asking the court to resolve a dispute among steelworkers over the insurer's settlement offer tied to an explosion at an ArcelorMittal SA steel plant, saying the underlying state court litigation should resolve the insurer's claims.

At a hearing over the bid by seven steelworkers to have the declaratory judgment action tossed or stayed, U.S. District Judge Charles P. Kocoras dismissed without prejudice the insurer's claims looking to resolve the payout fight and the counterclaim lodged...
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