Oregon High Court Says Insurers Assumed Insured’s Asbestos Liabilities

(April 6, 2021, 8:20 AM EDT) -- SALEM, Ore. — The Oregon Supreme Court on March 25 reversed an appeals court’s ruling that primary and excess insurers do not have to contribute to defense and indemnity costs for an insured’s environmental contamination XE "environmental contamination"  and asbestos XE "asbestos"  liabilities after determining that the insurers assumed the insured’s liabilities during a purchase agreement....

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