IBM recently filed a declaratory judgment action against multiple insurers seeking coverage for environmental remediation costs. The complaint contains lessons for policyholders facing long-tail environmental exposure claims....more
5/6/2025
/ Commercial General Liability Policies ,
Contamination ,
Corporate Counsel ,
Environmental Litigation ,
Excess Policies ,
Hazardous Substances ,
Insurance Claims ,
Insurance Litigation ,
Policy Exclusions ,
Pollution Exclusion ,
Remediation
This article will discuss policyholder concerns after a California federal court recently found that some PFAS claims in an MDL were excluded under a pollution exclusion, but others were not. The case is Nat'l Foam, Inc. v....more
The insureds were sued for alleged environmental contamination from the operation of a marine terminal and chemical storage facility. The claimants alleged that hazardous materials leaked from storage tanks over a fifty-year...more