Sherwin-Williams Co. v. Certain Underwriters at Lloyd's London

Citations

• 2024 Ohio 5773
• 178 Ohio St. 3d 424

Syllabus

Insurance—Insurers of paint company that marketed and sold lead paint are not obligated to indemnify paint company for payments that paint company made into abatement fund to mitigate hazards of lead paint—Because abatement-fund payment was made to prevent future harm rather than compensate for past harm, payment was not \damages\ covered under insurance contracts—Court of appeals' judgment reversed and trial court's grant of summary judgment in favor of insurers reinstated.