Insured Settles Environmental Contamination Coverage Claims With 1 Insurer
Mealey's (February 19, 2016, 12:06 PM EST) -- INDIANAPOLIS — An insured and one of its insurers involved in a coverage dispute arising out of environmental contamination claims on Feb. 19 filed a joint motion to dismiss in Indiana federal court after reaching a confidential settlement (Eli Lilly and Co., et al., v. Arch Insurance Co., et al., No. 13-1770, S.D. Ind.).
(Motion to dismiss available. Document #03-160224-009B.)
Eli Lilly and Co. and Eli Lilly do Brasil Ltda. (collectively, Lilly) filed suit in the Marion County, Ind., Superior Court, seeking a declaration that Arch...