Chubb Must Indemnify Insurer In Lead Paint Case: NY Court

Law360, New York (January 22, 2013, 6:12 PM EST) -- A New York state appeals court on Tuesday said Chubb Indemnity Insurance Co. must indemnify National Casualty Co. for losses sustained in a lead paint lawsuit, but the court reversed a ruling that sanctioned Chubb and prohibited it from presenting any evidence at trial.

In the underlying case, a New York City apartment resident in 1996 sued the apartment company for lead paint injuries suffered by his young son. National Casualty and Chubb both had policies for the apartment, but Chubb declined coverage, saying it had...
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