Olin Corporation v. Insurance Company of North Ame
Case Number:
15-2047
Court:
Nature of Suit:
Companies
- Aetna Inc.
- American Home Assurance Co.
- Armour Group Holdings Ltd.
- AXA XL Ltd.
- CNA Financial Corp.
- General Reinsurance Corp.
- Granite State Insurance Co.
- Great American Insurance Co.
- Lexington Insurance Co.
- National American Insurance Co.
- Olin Corp.
- The Allstate Corp.
Sectors & Industries:
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July 18, 2017
Prior Policies In Play In Olin Cleanup Suit, 2nd Circ. Says
The Second Circuit affirmed Tuesday that Olin Corp.'s excess policies with Lamorak Insurance Co. were triggered by the chemical producer's payments to clean up several contaminated sites, but found that the insurer may seek to reduce its liability by amounts paid under prior policies covering the same loss.
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January 12, 2017
Lamorak Tells 2nd Circ. Policy Must Be Read As Written
Lamorak Insurance Co. told the Second Circuit Thursday that a New York district court judge "rewrote" its contract with Olin Corp., saying the plain language of the policy dictates that the chemical producer must collect on earlier policies with other insurers before Lamorak has to pay out for the cleanup of contaminated sites.
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July 25, 2016
Lamorak Says Viking Order Warped In $87M Coverage Row
Lamorak Insurance Co. told the Second Circuit Friday that Olin Corp. relies too heavily on and twists the words of a recent insured-friendly New York state appeals court decision as the chemical producer seeks to keep in place an $87.2 million coverage order for cleanup of a half-dozen contaminated sites.
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May 26, 2016
Cleanup Claims Can Live Under Mass. Law, Olin Tells 2nd Circ.
Chemicals maker Olin Corp. has urged the Second Circuit to revive certain Massachusetts-law claims against Lamorak Insurance Co. in a multipronged fight over cleanup for sites contaminated decades ago.
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May 11, 2016
Lamorak Leans On Viking Pump In $87.2M Coverage Fight
Lamorak Insurance Co. told the Second Circuit on Tuesday that it shouldn't have to pay $87.2 million to chemicals empire Olin Corp. for cleanup of a half-dozen contaminated sites, saying that a splashy recent New York state appeals court decision that is otherwise insured-friendly actually helps this case.
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March 14, 2016
Insurer Shirking Olin's $87M Cleanup Award, 2nd Circ. Told
Chemical maker Olin Corp. asked the Second Circuit on Friday to uphold two judgments obligating OneBeacon American Insurance Co. to reimburse $87.2 million in costs and interest for the cleanup of several production sites, saying the insurer has shirked its duties for three decades too long.