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Recent Decision by the U.S. Court of Appeals for the Third Circuit Benefits Insurance Companies by Upholding Exclusions Provisions for Asbestos-Containing Products

Posted in Asbestos Litigation, Insurance Litigation, Products Liability, Professional Liability

Travelers Casualty and Surety Company (“Travelers”) dodged a bullet when a $36 million judgment entered against it was unanimously overturned by a recent Third Circuit ruling in General Refractories Co. v. First State Ins. Co., 2017 WL 1416364 (3d. Circ. 2017). Significantly, the Third Circuit held that Travelers had no obligation to indemnify its policyholder,… Continue Reading