Airco's Insurer Sues Reinsurer for $500,000

BOSTON - An insurer for frequent welding products defendant Airco Inc. is demanding that a reinsurer contribute nearly $500,000 for defense or resolution of underlying welding fume, asbestos and pollution claims. Liberty Mutual Insurance Co. v. Westport Insurance Co., No. 1:10-cv-10596 (D. Mass.).

In an April 9 complaint filed in the U.S. District Court for the District of Massachusetts, Liberty Mutual Insurance Co. alleges that Westport has wrongly refused to pay the reinsurance billing.

Liberty Mutual complains that between Oct. 1, 1972, and Oct. 1, 1974, the Massachusetts-based carrier and its affiliates insured Airco under certain primary policies for $2 …