Ore. Court Affirms Toss Of Lloyd's Suit Over Cleanup Costs

Law360, New York (August 16, 2017, 7:34 PM EDT) -- Lloyd’s of London cannot force other insurers who settled early on with a Portland-based scrapyard facing environmental cleanup costs to reimburse it after it continued to fight and lost at trial, the Oregon Court of Appeals ruled Wednesday, bringing an end to a tangled, decades-long coverage dispute. 

Lloyd’s and an affiliated insurer, Excess Insurance Co. Ltd., had sought to force Massachusetts Bonding and Insurance Co., Beneficial Fire and Casualty Insurance Co., and other insurers to split some of the costs of a 2003 judgment in Oregon...
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