Vanderbilt Scores In Asbestos Coverage Row Of 30 Insurers

By Andrew Scurria (April 2, 2014, 7:01 PM EDT) -- A Connecticut judge held Friday that neither pollution nor occupational injury exclusions eliminate indemnity coverage for Vanderbilt Minerals LLC's massive asbestos liabilities from the sale of open-pit mined industrial talc, ending the second phase of a two-year trial involving more than 30 insurers.

In a 77-page opinion, Superior Court Judge Dan Shaban ruled in the sprawling coverage case that a bevy of exclusions in policies that extend as far back as the 1950s were ambiguous as to the underlying asbestos injury claims and therefore do not preclude Vanderbilt from accessing coverage.

Ruling on an issue untouched by Connecticut appeals courts, the...

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