Defendant Insurers Do Not Owe Any Defense, Indemnity, Oregon Panel Affirms

Mealey's (May 13, 2019, 9:00 AM EDT) -- SALEM, Ore. — The Oregon Court of Appeals on May 8 affirmed a trial court’s ruling that primary and excess insurers do not have to contribute to defense and indemnify costs for an insured’s environmental contamination and asbestos liabilities because the insurers did not assume the insured’s liabilities during a purchase agreement (Allianz Global Risks US Insurance Co. v. ACE Property & Casualty Insurance Co., No. A159858, Ore. App., 2019 Ore. App. LEXIS 591)....

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