Ohio Court Keeps Excess Insurers In Mead's Asbestos Battle

Law360, New York (March 24, 2014, 3:53 PM EDT) -- An Ohio appeals court on Friday roped eight high-level excess insurers back into a massive coverage dispute with the successor to paper manufacturer The Mead Corp. over asbestos injury claims, holding there was a justiciable dispute that prevented the insurers from exiting the litigation.

Reversing a trial court's ruling in the case, the appeals court turned down the insurers' arguments that they had no place in the dispute because the amount of underlying damages wasn't high enough to trigger their policies, which would kick in only...
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