February 24, 2011) Air & Liquid Systems Corp. was covered by several excess policies between 1981 and 1984 that obligated insurers to pay defense and indemnity costs relating to lawsuits filed by plaintiffs who sued for asbestos-related injuries allegedly resulting from asbestos-containing component parts in the company’s centrifugal pumps, heat-exchange coils and air handling systems used in the construction, power generation and defense industries. [read post]