Toys R Us Says Pool Slide Insurer Owes For $25M Verdict

Law360, Los Angeles (November 8, 2013, 4:35 PM EST) -- Toys R Us said on Wednesday that Colony National Insurance Co. should be forced to cover a $25 million wrongful death verdict against the retailer because the insurer had refused to help Toys R Us settle with the family of a woman who died using a pool slide sold by the retailer.

In a complaint filed in New Jersey federal court, Toys R Us claims Colony breached its contract with the manufacturer of the slide, Manley Toys Ltd., which assured Toys R Us that it was...
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