Insurer Not Liable To Insured Seeking Coverage For Asbestos Liabilities, Federal Judge Says

( April 2, 2025, 2:02 PM EDT) -- CINCINNATI — An Ohio federal judge sustained an insurer’s objections to a magistrate judge’s recommendation to deny the insurer’s motion to dismiss an insured’s amended complaint seeking coverage for underlying asbestos XE "asbestos"  liabilities after determining that the insurer is not liable to the insured because the insurer transferred its liabilities in the United States to a U.S.-based insurer pursuant to a domestication agreement....