An insurance company will have to pay people with asbestos-related injuries as the result of a Wisconsin Supreme Court ruling. The court ruled in a dispute between Plastics Engineering Co. and its insurer, Liberty Mutual. The company made products containing asbestos between 1950 and 1983. Thousands of people contend they were injured by exposure to those products. Liberty Mutual paid $14.3 million to cover the claims through 2005. But the insurer tried to limit its responsibility by arguing that everyone’s injuries amounted to a single occurrence. The Supreme Court rejected that argument, saying each injured person has a separate case. The court ruled that Liberty Mutual must cover all the costs of injuries and not just a portion.
Source: Associated Press
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