Panel: Insurer's Liquidator Correctly Denied Insured's Asbestos Coverage Claim

Panel: Insurer's Liquidator Correctly Denied Insured's Asbestos Coverage Claim

TRENTON, N.J. - The liquidator for an insolvent insurance company correctly determined that the underlying insurance coverage from a primary insurer had not been exhausted at the time an insured submitted its claim arising from asbestos litigation, a New Jersey appeals panel affirmed March 22 (In the matter of the liquidation of Integrity Insurance Co./John Crane Inc.,   No. A-0839-11T1, N.J. Super., App. Div.; 2012 N.J. Super. Unpub. LEXIS 615).

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