Lloyd's Avoids Covering Part Of Tyco's $76M Wis. Cleanup

Law360, New York (November 29, 2012, 6:01 PM EST) -- A Wisconsin appeals court on Tuesday denied coverage under nine Certain Underwriters at Lloyd's and London Market Insurance Cos. excess policies to Ansul Inc. and Tyco International (U.S.) Inc. for a pollution cleanup that could cost up to $76 million, ruling the companies had violated provisions requiring prompt notice and cooperation.

Ansul and its parent Tyco were unable to win coverage from Lloyd's for its groundwater contamination cleanup near the Menominee River in Wisconsin. The pollution stemmed from arsenic-containing agricultural herbicides that Ansul produced from the...
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