Wal-Mart Says Insurer Must Pay For Liability Suit

Law360, New York (August 24, 2009, 6:35 PM EDT) -- Wal-Mart Stores Inc. has fired back in a defense costs dispute with United Fire & Casualty Co., arguing that the insurer, not Wal-Mart, should cover the costs of a lawsuit brought by an ironworker seriously injured after falling off the roof of a Wal-Mart building.

In addition to holding United responsible for the costs of an underlying suit, Wal-Mart asserted in counterclaims filed Aug. 21 in the U.S. District Court for the Southern District of Illinois that the insurer has breached a general insurance policy by...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.