Federal Judge Abstains From Exercising Jurisdiction Over Asbestos Coverage Suit

( August 20, 2026, 10:12 AM EDT) -- ALBUQUERQUE, N.M. — A New Mexico federal judge dismissed an insurer’s suit seeking a declaration that no coverage is owed to an insured for underlying asbestos personal injury lawsuits and a separate breach of contract suit after determining that the disputes between the parties should be decided by the state court overseeing the underlying suits because resolution of the insurer’s declaratory judgment suit may not fully resolve the controversy between the parties....