Lloyd's Off Hook For Coal Pollution Coverage: 6th Circ.

Law360, New York (June 10, 2011, 5:19 PM EDT) -- The Sixth Circuit affirmed Thursday that a pollution exclusion in NFC Mining Inc.'s insurance policy from Lloyd's of London bars coverage for Floyd County, Ky., residents' claim that excessive coal dust from a coal-processing facility harmed their health.

The appeals court ruled the policy language was straightforward and rejected NFC's arguments that the exclusion was void because it was against public policy and that a certificate that the insurer filed with a state agency altered the contract.

Lloyd's sued for declaratory relief in March 2007, arguing...
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.