Zurich Shakes Bad Faith Claim Over Asbestos Settlement

Law360, New York (September 21, 2011, 5:28 PM EDT) -- A federal judge on Wednesday dismissed part of a Missouri county's counterclaim against Zurich American Insurance Co. alleging a bad faith failure to settle underlying litigation over asbestos contamination at a Kansas City courthouse, finding the claim required an excess settlement.

Zurich originally sued U.S. Engineering Co. and others in June 2010 to avoid covering the contractor in asbestos suits in the Circuit Court of Jackson County, including a putative class action seeking medical monitoring services because of the asbestos fibers that were allegedly released during...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Zurich American Insurance Company v. U.S. Engineering Company et al


Case Number

4:10-cv-00656

Court

Missouri Western

Nature of Suit

Insurance

Judge

Gary A. Fenner

Date Filed

June 30, 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.