National Union Fire Insurance Co. of Pittsburgh v. Federal Insurance Co.

The Eighth Circuit affirmed the district court's judgment in an insurance coverage dispute over the allocation of a $6 million settlement in an underlying product liability action. The court held that the district court did not err in interpreting the Batch Clause Endorsement and its construction of the term "lot." The court rejected Federal's arguments to the contrary and affirmed the district court's ruling that AIG be paid $500,000 by Donaldson and be reimbursed over $2.76 million by Federal. View "National Union Fire Insurance Co. of Pittsburgh v. Federal Insurance Co." on Justia Law