Pre-Judgment Interest Above Policy Limits Recoverable Under Pennsylvania Law
General Refractories Company (GRC) has been named as a defendant in over 30,000 asbestos lawsuits since 1978. In 2002, GRC tendered to it excess carriers, including Travelers Casualty (Travelers) and Surety Company (formerly The Aetna Casualty and Surety Company) under a 1985-86 policy. Travelers denied coverage under an asbestos exclusion. GRC proceeded to settle many …