Judgment Granted For Insurer In Row Over Defense In Underlying $270M Damage Suit

( November 8, 2024, 12:41 PM EST) -- PORTLAND, Ore. — An Oregon federal judge granted summary judgment to a commercial  general liability insurer, as transferee of a now-insolvent insurer, sued in a declaratory judgment action by a workers’ compensation insurer seeking contribution for defense costs incurred in a $270 million underlying suit against their mutual insured manufacturer of semiconductors over birth defects purportedly caused by chemical exposure, finding that the liability insurer does not have a duty to defend due to policy exclusions....