6th Circuit Affirms Insured Owes $2.4M, Remands For Finding On Insurer’s Liability

Mealey's (December 19, 2016, 2:10 PM EST) -- CINCINNATI — The Sixth Circuit U.S. Court of Appeal on Dec. 16 affirmed that an insured must reimburse its insurer for more than $2.4 million paid by the insurer for the defense and indemnity of underlying asbestos bodily injury suits but remanded the suit for consideration of the insurer’s liabilities that began before the start of the insurance policy and continued during the policy period (Continental Casualty Co., et al. v. Indian Head Industries Inc., No. 15-2217, 6th Cir.; 2016 U.S. App. LEXIS 22431)....