Oregon High Court To Review Ruling In Asbestos, Contamination Coverage Dispute

(March 17, 2020, 8:44 AM EDT) -- SALEM, Ore. — The Oregon Supreme Court on Feb. 21 agreed to hear a petition asking the  court to review an appeals court’s ruling that primary and excess insurers do not have to contribute to defense and indemnify costs for an insured’s environmental contamination XE "environmental contamination"  and asbestos XE "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. S067017, Ore. Sup., 2020 Ore. LEXIS 119)....

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