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Safety National Casualty Corporation v. Garlock Sealing Technologies LLC et al
Case Number:
3:17-cv-00458
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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August 20, 2018
Insurer Can't Arbitrate $480M Garlock Asbestos Coverage Suit
Safety National Casualty Corp. can't arbitrate its claims that it doesn't have to pay out a $5 million excess policy to help fund Garlock Sealing Technology's $480 million asbestos settlement, after a North Carolina federal court declared an arbitration clause in the policy void on Monday.
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August 02, 2017
$480M Garlock Asbestos Fund Not Covered, Insurer Says
Safety National Casualty Corp. on Wednesday asked a North Carolina federal judge to find it does not have to pay into a $480 million mesothelioma fund established as part of the Chapter 11 plan of defunct Garlock Sealing Technologies LLC.