(DOWNLOAD) "Lincoln Electric Co. V. St. Paul Fire And Marine Insurance Co." by Sixth Circuit U.S. Court of Appeals # eBook PDF Kindle ePub Free
eBook details
- Title: Lincoln Electric Co. V. St. Paul Fire And Marine Insurance Co.
- Author : Sixth Circuit U.S. Court of Appeals
- Release Date : January 27, 2000
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 97 KB
Description
Defendant St. Paul Fire and Marine Insurance Company ("St. Paul") appeals a district court judgment and award entered pursuant to a bench-trial verdict for plaintiff, the Lincoln Electric Company ("Lincoln Electric"). The trial concerned a dispute over products liability insurance policies that Lincoln Electric purchased from St. Paul over the course of several decades. The policies were altered over time as to the levels of deductibles for 1) assessed product-related injury liability and 2) legal costs associated with litigation stemming from the covered product-related injuries. The basis for insurance coverage between the parties also changed from an "occurrence" basis (coverage from the date of the injury) to a "claims" basis (coverage from the date of the lawsuit), creating a situation where some claims against Lincoln Electric could simultaneously trigger the "occurrence" policy and the "claims" policy.