An Ohio appellate court ruled against Travelers in a $6 million coverage dispute with Copeland Corporation regarding asbestos claims. The court determined that Ohio law governs the policies and that each individual asbestos exposure constitutes a separate occurrence, rather than a single event as argued by Travelers. This decision significantly increases Copeland’s potential coverage from $3 million to up to $9 million across three policies.
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Travelers Loses Ohio Asbestos Occurrence Ruling
An Ohio appellate court ruled against Travelers in a $6 million coverage dispute with Copeland Corporation regarding asbestos claims. The court determined that Ohio law governs the policies and that each individual asbestos exposure constitutes a separate occurrence, rather than a single event as argued by Travelers. This decision significantly increases Copeland’s potential coverage from $3 million to up to $9 million across three policies.