Excess Insurers 'Not Novices Lulled Into Misplaced Trust,' Federal Judge Rules

Excess Insurers 'Not Novices Lulled Into Misplaced Trust,' Federal Judge Rules

PHILADELPHIA - A Pennsylvania federal judge on April 26 denied two excess insurers' motion to reconsider his Jan. 27 ruling refusing to allow the insurers to reform their policies to add an exclusion for asbestos-related claims (General Refractories Company v. First State Insurance Co., et al., No. 04-3509, E.D. Pa.; 2012 U.S. Dist. LEXIS 59171).

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