Insurers' Broad Duty To Defend Stands In NY

Law360, New York (June 27, 2013, 1:24 PM EDT) -- By summary order dated June 18, 2013, the United States Court of Appeals for the Second Circuit, applying New York law, affirmed the district court’s ruling and reaffirmed fundamental New York insurance coverage jurisprudence when it held that Century Indemnity Company (INA) must pay 100 percent of Olin Corporation’s defense costs.[1]

The district court entered judgment for Olin and against INA for third-party litigation costs and prejudgment interest relating to suits by California homeowners and residents alleging environmental contamination from a Site that Olin formerly operated....
To view the full article, register now.