Cosmopolitan Shipping Co., Inc v. Continental Insurance Company
Case Number:
21-2060
Court:
Nature of Suit:
Sectors & Industries:
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March 15, 2023
2nd Circ. Won't Rehear Shipping Co.'s Asbestos Coverage Bid
The Second Circuit dashed a shipping company's last hope of securing coverage from a CNA unit for its nearly $4.6 million settlement of 47 asbestos injury lawsuits from various seamen, rejecting the shipping company's bid for a rehearing before a three-judge panel or all the circuit's judges.
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January 30, 2023
2nd Circ. Seals Insurer's Win In $4.6M Asbestos Dispute
The Second Circuit on Monday upheld a CNA unit's win, agreeing with a New York federal judge that a shipping company failed to establish the terms of a lost policy that would cover the $4.6 million settlement of claims by 47 seamen who said they suffered asbestos-related injuries.
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January 11, 2023
2nd Circ. Unsure Of Shipper's 'Mosaic' Of Lost Policy Terms
A shipping company's argument that its "mosaic" of evidence proved the terms of a lost insurance policy that would cover a $4.6 million asbestos injury settlement seemed unpersuasive to a Second Circuit panel, with judges appearing skeptical that the evidence painted a clear picture of the insuring agreement's terms.
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January 10, 2023
2nd Circ. To Consider Shipper's Lost Policy Dispute
The Second Circuit on Wednesday will tackle whether a charter shipping company that entered into a $4.6 million settlement to resolve asbestos injury claims produced enough evidence to sufficiently show that terms of a lost policy entitle it to coverage from a CNA unit. Here, Law360 breaks down the case in advance of the hearing.
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May 13, 2022
CNA Asks 2nd Circ. To Affirm Win In Asbestos Coverage Row
A CNA insurer told the Second Circuit on Friday that a lower court correctly dismissed a shipping company's bid for coverage of asbestos exposure claims brought by seamen involved in post-World War II relief efforts, saying the company was unable to establish the terms of a decades-old policy.
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February 16, 2022
Shipping Co. Tells 2nd Circ. To Revive Asbestos Coverage Suit
A shipping company that settled asbestos claims brought by seamen involved in post-World War II relief efforts urged the Second Circuit to reverse a pair of lower court decisions finding that the company couldn't claim coverage from its insurer and also couldn't bring a professional negligence claim against its broker.