Fluor Corporation v. Zurich American Insurance Co.
Case Number:
21-3389
Court:
Nature of Suit:
Companies
Sectors & Industries:
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July 13, 2023
8th Circ. Denies Rehearing In Zurich Lead Coverage Fight
An Eighth Circuit decision increasing Zurich American Insurance Co.'s coverage obligations over an insured's $300 million settlement of lead contamination claims will stand, the appeals court ruled, denying the insurer's rehearing bid.
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May 22, 2023
Groups Back Zurich's 8th Circ. Rehearing Bid In Lead Case
Two insurance industry groups asked the Eighth Circuit to reconsider its ruling hiking a Zurich unit's coverage obligations to Fluor Corp. to $21.5 million over lead contamination claims, arguing a split three-judge panel erred by interpreting an endorsement in isolation, thus "fundamentally altering the insurance bargain."
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May 12, 2023
Zurich Asks 8th Circ. To Revisit Coverage Of $300M Fluor Deal
Zurich American Insurance Co. urged the Eighth Circuit to rethink its decision that increased the insurer's coverage obligations to Fluor Corp. over Fluor's $300 million settlement of lead contamination claims, arguing that if unchanged, the decision would "frustrate and overthrow the reasonable commercial expectations" of insurers and insureds.
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April 13, 2023
8th Circ. Revives Fluor-Zurich Policy Limit Dispute
The Eighth Circuit reversed a lower court's decision in Fluor Corp.'s lengthy coverage dispute against Zurich American Insurance Co. over allegations of lead contamination, finding that endorsements included in the general liability policy modify the limits of liability to be on a per-claim basis.