Insurer Sues over Funding of $1.75 Million Silica Settlement

JACKSON, Miss. - An insurance company that says it paid more than its agreed share of a $1.75 million silica settlement has asked a federal judge to order another insurer to contribute its full portion of the total amount. Union Insurance Co. v. The Travelers Companies Inc., No. 09-283 (S.D. Miss.).

Union Insurance Co. filed the complaint May 8 in U.S. District Court for the Southern District of Mississippi, claiming that it and Zurich North America covered a shortfall in funding for the settlement that resulted from Travelers alleged refusal to follow a percentage formula as determined by the contributing …