PMA Ducks Coverage For Insulator's Asbestos Suits

Law360, New York (January 27, 2014, 3:33 PM EST) -- A Maryland federal judge freed Pennsylvania Manufacturers' Association Insurance Co. from covering AC&R Insulation Co.’s damages from hundreds of asbestos lawsuits, finding Friday that the insulation installer waited too long to file its claims.

U.S. District Judge Paul W. Grimm ruled that the insurer does not have to defend AC&R in hundreds of asbestos-related lawsuits because the statute of limitations began to run in 1987, when the company became aware of the asbestos exclusions in its insurance policy, rather than when PMA refused to pay for...
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