September 10, 2007
28:1332 Diversity-Insurance Contract
News Coverage, Answers, Appeals, Complaints, Motions, Orders, Trial Notes
Anco Insulations Inc. and two of its primary insurers told a Louisiana federal judge on Tuesday they had resolved their claims that excess insurer Westchester Fire Insurance Co. failed to cover its part of the cost Anco racked up fighting asbestos litigation.
Anco Industries Inc. on Friday resolved claims against First State Insurance Co. in Louisiana over the insurer's alleged failure to indemnify the company for asbestos exposure suits, making it the first insurer Anco has dropped from the litigation in nearly three years.
Arrowpoint Indemnity Co. has asked a federal judge to hold two fellow liability insurers accountable for defense costs related to thousands of asbestos exposure claims against Anco Insulations Inc.
In a suit seeking to sort out coverage for thousands of asbestos exposure claims against Anco Insulations Inc., insurance carrier Royal Indemnity Co. has alleged that two fellow liability insurers have failed to contribute their fair share for defense and indemnity costs.