Honeywell Unit Says Beazley Must Cover Refining Tech Row

Law360, New York (December 5, 2017, 8:00 PM EST) -- A unit of industrial giant Honeywell International Inc. hit Beazley Insurance Co. with a suit in Connecticut federal court Monday demanding coverage for an underlying lawsuit over problems with refining technology licensed to a Saudi Arabian chemicals company.

Process technology specialist UOP LLC says in its complaint that the underlying suit is clearly covered under a broad policy that Honeywell purchased from Beazley, which names UOP as an additional insured. The insurer nonetheless denied its claim in May, UOP says.

“Plaintiffs dispute Beazley’s position on the...
To view the full article, register now.