BALTIMORE - Reorganized building products business Porter Hayden Co. on March 1 sought a declaration in Maryland federal court that its massive payments to asbestos personal injury claimants over the years have exhausted insurance policies issued by two insurers, so the insurers owe the company millions in indemnification and defense costs (National Union Fire Insurance Company of Pittsburgh, Pa., et al. v. Porter Hayden Co., No. 03-3408, D. Md.)....(read more)![]()
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