Four Loko Maker, Liberty Units Settle Death Coverage Suits

Law360, Los Angeles (March 11, 2014, 9:56 PM EDT) -- Two Liberty Mutual Insurance Co. units and the makers of caffeinated malt liquor beverage Four Loko reached a settlement with undisclosed terms, ending a second lawsuit over five deadly incidents, according to documents filed in Illinois federal court on Tuesday.

Liberty units Netherlands Insurance Co. and Indiana Insurance Co. were seeking the court’s nod for their refusal to represent Four Loko’s Phusion Projects Inc. in its defense in five underlying lawsuits, according to court records. But the parties agreed to drop the litigation, according to Tuesday’s filing,...
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