HK Porter Co., Inc. v. Transit Cas. Co. in Receivership

H.K. Porter Company, Inc. appeals the judgment of the Circuit Court denying coverage under two insurance policies issued by Transit Casualty Company. We find that at all relevant times, including from May 1, 1982, to May 24, 1982, H.K. Porter Company, Inc. and all its subsidiaries were covered by the policy but subject to the exclusion for asbestos-related bodily injuries. The judgment is affirmed.

Procedural and Factual Background

In 1958, H.K. Porter Company, Inc. (“Porter”), an asbestos manufacturing company, began acquiring certain other existing asbestos companies (the “Asbestos…