Insurer’s Claims In Asbestos Coverage Suit Are Not Ripe, Arizona Federal Judge Says

(November 14, 2016, 12:35 PM EST) -- PHOENIX — An Arizona federal judge on Nov. 10 dismissed an insurer’s claims seeking a coverage declaration for two underlying asbestos suits filed against its insured after determining that the insurer’s claims are not ripe for adjudication because the policies’ self-insured retentions have likely not been met by a settlement in one of the underlying suits and the other underlying suit is still pending in Arizona state court (Berkshire Hathaway Specialty Insurance Co. v. City of Phoenix, et al., No. 16-1083, D. Ariz.; 2016 U.S. Dist. LEXIS 156234)....

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