Marsh Settles Coverage Row Over Chemical Cos.' Fuel Loss

Law360, Washington (February 22, 2012, 7:06 PM EST) -- Insurance broker Marsh USA Inc. on Wednesday put to rest a dispute in which two chemical companies sought business interruption coverage stemming from a natural gas explosion at a supplier's Western Australia facility, leaving National Union Fire Insurance Co. of Pittsburgh and Ace American Insurance Co. on the hook in the case.

U.S. District Judge Ellen L. Hollander signed off without comment on Marsh's stipulation of dismissal of Millennium Inorganic Chemicals Ltd. and Cristal Inorganic Chemicals Ltd.'s claims that Marsh was at fault for not telling...
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