Addressing Pollution Exclusion In Va.

Law360, New York (May 9, 2012, 1:05 PM EDT) -- On April 20, 2012, the Supreme Court of Virginia, applying Virginia law, held that pollution exclusion endorsements in first-party property policies barred coverage for the insured's product losses caused by contamination of infant formula resulting from a manufacturing mishap. Policyholder advocates had unsuccessfully sought to limit the clauses to "traditional" outdoor pollution, i.e., hazardous waste contamination.

In 2009, the policyholder — a manufacturer of infant formula — suffered loss when water filters in the formula heating system disintegrated and contaminated numerous batches of formula with melamine....
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.