Insurers Seek Reversal Of Settlement Ruling In Imerys, Cyprus Mines Bankruptcies

( December 5, 2025, 8:16 AM EST) -- PHILADELPHIA — Allowing asbestos talc debtors Imerys Talc America Inc. and Cyprus Mines Corp. to enter into a $280 million settlement with talc seller Johnson & Johnson (J&J) for a dispute over indemnification rights for defense of asbestos personal injury claims without paying the debtors’ insurers anything for their subrogation rights “is not only contrary to well-established insurance law, but also counter to strong public policy regarding the nature and purpose of insurance,” the insurers say in their opening brief in their appeal in the Third Circuit U.S. Court of Appeals....