Chubb Seeks High Court Review Of 9th Circ. Superfund Loss

Law360, Los Angeles (September 30, 2013, 8:14 PM ET) -- Chubb Custom Insurance Co. on Monday asked the U.S. Supreme Court to decide whether an insurer is allowed under the Comprehensive Environmental Response, Compensation and Liability Act to recover environmental cleanup expenses via subrogation lawsuits.

The insurer hopes to reverse a March 15 ruling in which an appellate panel held in a 2-1 ruling that Chubb could not recoup $2.4 million from Ford Motor Co. and other former owners of a parcel of polluted land in California for CERCLA liability costs it paid to policyholder Taube-Koret...
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