Kidde-Fenwal, the fire-protection business bankrupted by possible liability for “forever chemicals,” said it believes it has potentially hundreds of millions of dollars in insurance coverage to help pay claims, WS Pro Bankruptcy reported. However, the Carrier Global subsidiary might have trouble tapping that coverage as its insurers are disputing their obligations and aren’t helping to defend the business, a Kidde-Fenwal lawyer said Tuesday during the company’s debut in bankruptcy court. “None of the insurers are currently paying claims,” Kidde-Fenwal lawyer Andrew Dietderich said in the U.S. Bankruptcy Court in Wilmington, Del. “One of the big tasks we have in front of us is to get to the bottom of that and figure out what insurance coverage may be available." Kidde-Fenwal’s options in bankruptcy include seeking settlements with, or suing, insurers or the chemical suppliers that made the allegedly harmful substances used in the company’s products, he said.
