Insurer Does Not Oppose 1 Of 3 Stay Requests In Asbestos Liabilities Row

Mealey's ( May 16, 2023, 9:33 AM EDT) -- OMAHA, Neb. — After three defendants cited Pennsylvania liquidation proceedings in asking a Nebraska federal court for stays in a suit over the $157.2 million settlement National Indemnity Co. (NICO) reached with Montana regarding alleged asbestos exposures, NICO says in a May 15 filing that it does not oppose a stay against one of the defendants....