Olin Corp. v. American Home Assurance Co.
ELR Citation: 42 ELR 20263 No(s). 11-4055-cv (2d Cir. Dec 19, 2012)
The Second Circuit reversed a lower court decision that an insurance company need not indemnify a manufacturing company for environmental contamination that occurred at one of its facilities in the late 1960s and early 1970s. The insurer issued the company two excess insurance policies that had a $3...