Coverage Owed For Subsidiaries Of Insured, Missouri Appeals Panel Finds

Coverage Owed For Subsidiaries Of Insured, Missouri Appeals Panel Finds

ST. LOUIS - Subsidiaries of an insured which operated a lead smelter plant are owed coverage under the insured's policies because the policies clearly state that coverage is afforded to "all affiliated or subsidiary companies as they are now or may hereafter be constituted," the Eastern District Missouri Court of Appeals said March 20. (The Renco Group Inc. et al. v. Certain Underwriters at Lloyd's London et al.,  No. ED96801, Mo. App., E.D., Div. 3; 2012 Mo. App. LEXIS 339).

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