For Insurers, MTBE Could Be 'New Asbestos'

Law360, New York (March 24, 2009, 12:00 AM EDT) -- The massive litigation over groundwater contamination from methyl tertiary-butyl ether, or MTBE, could spark even more lawsuits and force insurers to cover costly defenses and settlements unless they can prove the fuel additive is a pollutant and not a product, legal experts say.

Major oil companies and refiners have battled multidistrict litigation in the U.S. District Court for the Southern District of New York, claiming they hid health risks associated with storage tanks that leaked MTBE in the early 1980s, since 2000.

The MDL hasn't shown...
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