In this matter, plaintiffs purchased a building from seller-defendants who failed to disclose the building’s heating ducts likely contained asbestos. The plaintiffs eventually lost the building in foreclosure after evacuating the entire building and being unable to finance the building.
The preceding court held that the insurer had no duty to defend or indemnify the seller-defendants because the matter fell squarely within the asbestos exclusion. Stating that the policy required “a causal relationship between the loss and the asbestos” in order for the exclusion to …
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