Judge says private insurer, not state, on hook for $43M in Libby asbestos claims


A SIGNIFICANT COURT RULING FOR THE STATE OF MONTANA – INVOLVING ASBESTOS CLAIMS LINKED TO THE FORMER W-R GRACE VERMICULITE MINE IN LIBBY THE RULINGSAYS A PRIVATE INSURER, RATHER THAN THE STATE, IS RESPONSIBLE FOR THE MULTIMILLION- DOLLAR SETTLEMENT OF 100 CLAIMS

IN 2011, THE STATE AGREEDTO SETTLETHE CLAIMS FROM THOSE HARMED BY THE MINE'S ASBESTOS FIBERSFOR $43-MILLION DOLLARS BECAUSE OF AN INSURANCE POLICY OWNED BY THE STATE 45 YEARS AGO, THE STATE ARGUED THAT THE NATIONAL INDEMNITY COMPANY OF OMAHA, NEBRASKA, IS RESPONSIBLE FOR THE CLAIMS LATE LAST WEEK DISTRICT JUDGE HOLLY BROWN OF BOZEMAN AGREED RULING THAT NATIONAL INDEMNITY MUST PAY THE SETTLEMENT, ALONG WITH THE STATE'S DEFENSE COSTS, AND ANY PRE-JUDGMENT INTEREST NATIONAL INDEMNITY COULD APPEAL THE DECISION TO THE STATE SUPREME COURT

THE LAWSUITS SAID STATE INSPECTORS KNEW ABOUT DANGERS FROM ASBESTOS FIBERS AT THE MINE AS EARLY AS THE 1950S BUT DID NOTHING TO INFORM WORKERS OR THE PUBLIC ATTORNEYS FOR

Source: Youtube


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