Insurance Providers, Policyholders Wait On Possibly Impactful Ohio Insurance Coverage Judgment

As the Ohio Supreme Court mulls whether insurance providers have a task to indemnify Sherwin-Williams Co., after the paint maker and others were held accountable in a $409 million public problem case over lead paint, lawyers on both sides alert of the prospective more comprehensive ramifications of the upcoming choice.

The Ohio Supreme Court heard oral arguments today on appeal by particular underwriters at Lloyd’s of London after the state’s Eighth District Court of Appeals rejected summary judgment to the insurance providers. In a 2-1 bulk, the state appellate court held that Sherwin-Williams’ industrial basic liability policies, which cover “damages” for particular residential or commercial property and physical injury that the guaranteed neither anticipated nor planned, might cover underlying public-nuisance claims brought by California public entities.

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