Thermos Prevails In Asbestos Suit Coverage Fight

Law360, New York (June 30, 2011, 1:01 PM EDT) -- An Illinois federal judge ruled Wednesday that Safety National Casualty Corp. must reimburse the Thermos Co. for defense costs incurred in a lawsuit that claimed Thermos exposed a former, now-deceased employee to asbestos-containing products.

U.S. District Judge James Zagel said the insurer must compensate Thermos, named in the complaint as TKK USA Inc., despite a high likelihood the underlying suit will be unsuccessful because it should have been brought under the Illinois Occupational Diseases Act.

"The facts in the underlying complaint allege liability under the policy,...
To view the full article, register now.




Case Information

Case Title

TKK USA, Inc. v. Safety National Casualty Corporation

Case Number



Illinois Northern

Nature of Suit

110(Contract: Insurance)


Honorable James B. Zagel

Date Filed

December 21, 2010

Law Firms


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.