In Greene, Tweed & Co., Inc. v. Hartford Acc. & Indem. Co., No. 03-3637, 2006 WL 1050110 (E.D. Pa. Apr. 21, 2006), the U.S. District Court for the Eastern District of Pennsylvania ruled that thousands of asbestos claims constituted only one occurrence under umbrella excess liability policies.
Greene Tweed was the defendant in thousands of actions claiming that “it is subject to a tort liability for bodily injury, sickness, and disease allegedly sustained by the underlying claimants as a result of asbestos-containing products” it allegedly manufactured. The number of claims against Greene Tweed amounted to about 60,000 claims.
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