Car Equipment Co. Flips Ruling Capping Asbestos Coverage

By Jeff Sistrunk (April 24, 2019, 6:42 PM EDT) -- An Illinois appeals court on Tuesday ruled that thousands of asbestos personal injury actions against Hennessy Industries Inc. constitute multiple "occurrences" under the terms of its liability insurance policies, paving the way for the company to access additional coverage to fight the suits.

A three-judge panel of the state Appellate Court's First District reversed a trial court's ruling that all of the asbestos-related claims against Hennessy, which manufactures service equipment used by auto mechanics, are a single occurrence for insurance purposes.

The appeals panel, however, said the lower court's conclusion was at odds with the clear language of policies issued to...

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