United Conveyor Corporation
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Insurer can treat thousands of asbestos claims vs manufacturer as single insurable occurrence, appeals court says
A state appeals panel has come down on the side of insurers in an ongoing legal dispute with a manufacturer over the question of whether thousands of asbestos exposure-related lawsuits arising from the same company's products should be treated as a single "occurrence" or multiple occurrences for the purposes of determining how much the insurer would be obligated to pay.