Mealey's Insurance - Asbestos Coverage Suit To Proceed To Arbitration, New Jersey Federal Judge Rules

Mealey's Insurance - Asbestos Coverage Suit To Proceed To Arbitration, New Jersey Federal Judge Rules

NEWARK, N.J. - A New Jersey federal judge on May 7 rejected an insured's arguments that a coverage dispute over asbestos claims should not proceed to arbitration, noting that a settlement agreement entered into by the insured clearly includes an arbitration provision (The Flowserve Corp. f/k/a The Durametallic Corp. v. United States Fire Insurance Co., No. 14-676, D. N.J.; 2014 U.S. Dist. LEXIS 62959).

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