Pa. Appeals Court Sets New Standard For Coverage Feuds

Law360, Philadelphia (July 10, 2013, 5:37 PM ET) -- A Pennsylvania appeals court on Wednesday set a new standard for solving insurance disputes related to an insurer defending a claim while retaining its rights to deny coverage, vacating a $95 million judgment against American Nuclear Insurers in a coverage suit over radiation injury claims.

The three-judge Superior Court panel found that the court had erred in focusing on whether The Babcock & Wilcox Co.’s decision to settle claims that radiation from their nuclear facilities gave people cancer and damaged property over ANI’s objections was “fair...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers