N.Y. Court Grants Motion to Dismiss Impleaded Insurers in Asbestos, Silica Insurance Coverage Dispute

NEW YORK –– A New York federal court overseeing an asbestos- and silica-related insurance dispute has dismissed third-party insurers impleaded into the action, finding Travelers Indemnity Co. has failed to state a claim against them for contribution.

In the March 20 order, the U.S. District Court for the Southern District of New York did allow Travelers leave to amend its third-party complaint within 30 days.

The insurance dispute arises out of asbestos and silica claims filed against Chicago Pneumatic, a tool company that was later acquired by Danaher Corp. One year later, 100 percent of the stock of Chicago …