Excess Insurers Told To Defend Pump Cos. In Asbestos Battle

Law360, New York (January 30, 2014, 7:53 PM EST) -- A Delaware judge has upheld the majority of a jury verdict substantially in favor of Warren Pumps LLC and Viking Pump Inc. in an eight-year battle over hundreds of millions of dollars in excess insurance coverage for asbestos injury claims, according to a decision made public Monday.

Judge Fred Silverman of the Delaware Superior Court ruled in the sprawling coverage case over thousands of asbestos injury claims that 14 insurance policies have full defense obligations that pay out in addition to policy limits, while 18 policies...
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