High Court Won't Rehear Asbestos Insurance Fight

Law360, New York (November 29, 2010, 6:25 PM EST) -- The U.S. Supreme Court will not review a ruling letting Chubb Indemnity Insurance Co. seek contribution for asbestos injury claims from The Travelers Indemnity Co., further perpetuating a messy battle over the reach of a decades-old bankruptcy trust fund designed to reimburse asbestos victims.

The justices on Monday denied a bid by Travelers to bring the matter back to the high court for a second hearing in as many years, upholding the U.S. Court of Appeals for the Second Circuit's finding that a trust fund established...
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