Montana Nets $98M In Asbestos Injury Coverage Battle

Law360 (August 19, 2019, 9:09 PM EDT) -- A Montana judge ruled Friday that National Indemnity Co. must pay the state nearly $98 million to cover its costs to defend and settle asbestos-related injury claims stemming from a mining operation that ran from the 1950s through the 1980s.

Since 2000, the state of Montana has faced hundreds of lawsuits alleging injury after the state failed to warn of asbestos dust conditions at vermiculite mining and milling operations in and around Libby, Montana run by W.R. Grace & Co. — previously operated by Universal Zonolite & Insulation Co., according to court documents.

Judge Holly Brown granted the state’s motion for...

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