Steadfast Dodges Claims In Benzene Coverage Row

Law360, New York (November 1, 2011, 1:59 PM EDT) -- A Tennessee federal judge on Monday threw out W.M. Barr & Co.’s breach of contract claims against Steadfast Insurance Co. in a suit seeking to determine coverage duties in dozens of cases alleging benzene exposure injuries from Barr’s cleaning products.

U.S. District Judge Bernice Bouie Donald ruled that Barr’s claims couldn’t survive because Barr never asked Steadfast to settle or defend any of the underlying suits.

The instant case was initiated in September 2008 by Travelers Indemnity Co., which sought declaratory judgment and recovery against Barr...
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.