Insurer Can't Seek Product Liability Deal Repayment In Wis.
Law360 (September 12, 2019, 6:30 PM EDT) -- Lexington Insurance Co. can’t sue two Taiwanese insurance companies in Wisconsin seeking their reimbursement of a payout in the settlement of a product liability suit against a bicycle company because the court doesn’t have jurisdiction over them, the Seventh Circuit affirmed Thursday.
Neither Hotai Insurance Co. Ltd. — which operated as Zurich Insurance (Taiwan) Ltd. at the time — nor Taian Insurance Co. Ltd. made “any purposeful contact” in the state when they named Wisconsin-based Trek Bicycle Corp. as an additional insured under the worldwide product liability policies they issued to certain part makers Trek contracted with, a unanimous three-judge panel...
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