Conwed Sues Excess Insurers Over Asbestos Claims

Law360, New York (February 2, 2009, 12:00 AM EST) -- Conwed Corp. has sued several providers of excess insurance coverage, including Allstate Insurance Co. and Travelers Insurance Co., seeking to hold them responsibile for its defense and indemnification in thousands of asbestos-related personal injury lawsuits.

The company filed the case Friday in the U.S. District Court for the District of Minnesota against Allstate, The Hartford Insurance Co., Travelers and U.S. Fire Insurance Co. Conwed also accused International Insurance Co. of breach of contract.

Conwed said it purchased primary insurance policies and certain excess policies from the...
To view the full article, register now.