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All That Glitters Is Not … Asbestos? Pennsylvania Federal Court Offers Glimmer of Hope to Policyholders with Asbestos Liabilities

If your company faces liability arising out of exposure to asbestos-containing products or materials, it may pay—a lot—to take a second look at your liability insurance policies containing asbestos exclusions. They may not exclude your loss after all. On March 3, 2015, a Pennsylvania federal district court ruled in General…

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Sweeping Ruling in Favor of “Litigation Insurance” Provided by the Duty to Defend

A unanimous panel of the Illinois Appellate Court recently held that three insurers have a duty to defend any case in which the bare underlying allegations—if proved—would render their insured liable, regardless of extrinsic facts. This sweeping ruling confirms that the duty to defend is a form of “litigation insurance,”…