Continental Wants Limits On Asbestos Coverage For Mead

Law360, New York (April 13, 2012, 1:52 PM EDT) -- Continental Casualty Co. asked an Illinois court Thursday to limit its obligations to MeadWestvaco Corp. and MW Custom Papers LLC for asbestos claims brought against the companies' predecessor Mead Corp., saying the claims represent one occurrence under the policies.

Continental asked the judge to declare that the manufacture, distribution and sale of asbestos-containing products by Mead  was a single occurrence under the language of the policies, placing limits on the amount Continental must pay to indemnify Mead's successors from hundreds of personal injury suits and settlements...
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