Travelers Still On Hook For Defense Costs In Asbestos Suits

Law360, New York (November 13, 2012, 4:30 PM EST) -- A New York appeals court on Tuesday partly affirmed a lower court ruling that Travelers Casualty and Surety Co. has a duty to defend Swedish engineering equipment manufacturer Alfa Laval Inc. against asbestos claims, but said OneBeacon America Insurance Co. is partially off the hook.

A five-judge panel said the lower court did not err when it declined to force the insurers to share the defense costs pro rata. The lower court ruled in November 2011 that Alfa Laval’s primary insurer Travelers, as well as OneBeacon,...
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