ThyssenKrupp Seeks Asbestos Defense Coverage From Insurers

Law360, New York (October 10, 2012, 5:04 PM EDT) -- ThyssenKrupp AG's elevator manufacturing unit lodged a complaint in California state court on Tuesday against Liberty Mutual Insurance Co. and three other insurers demanding defense coverage in an asbestos lawsuit accusing the company of negligence and strict liability.

Liberty Mutual and the other insurers have a duty to defend ThyssenKrupp Elevator Corp. as the successor in interest to F.S. Payne Co. in the underlying asbestos action against Payne in California state court, according to terms of the policies the insurers sold to Payne between 1962 and...
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