A Rhode Island jury recently found three paint manufacturers liable for the cleanup of lead paint in the state that could cost them billions of dollars in remediation costs, but the impact on insurers remains a question.
Sherwin-William Co., NL Industries and Millennium Holdings last week were found liable for creating a public health crisis by manufacturing, distributing and promoting lead-based paint products by a Superior Court jury in Providence, R.I.
"This is great news for the children, the taxpayers, and the short- and long-term public health of the state of Rhode Island," declared State Attorney General Patrick C. Lynch in a statement. "For the jury to have unanimously agreed that we met our burden, and proved our case, is enormously gratifying.
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