The Ohio Supreme Courtroom heard oral arguments Tuesday concerning whether or not insurers have an obligation to indemnify Sherwin-Williams Co. after it and others had been held liable in underlying California litigation and ordered to pay $409 million right into a government-administered lead paint abatement fund.
The case got here earlier than the Ohio Supreme Courtroom on attraction by sure underwriters at Lloyd’s of London after the state’s Eighth District Courtroom of Appeals denied abstract judgment to the insurers. Nearly all of the state appellate court docket held that Sherwin-Williams’ industrial basic legal responsibility insurance policies, which cowl “damages” for particular property and bodily harm that the insured neither anticipated nor supposed, might cowl the underlying public-nuisance claims introduced by California public entities as early as 2000.
