Persistence Of Trigger, Allocation Disputes

Law360, New York (February 2, 2009, 12:00 AM EST) -- In today’s financial turmoil, it is understandable that professionals writing on insurance coverage concentrate on directors' and officers’ policies.

Anecdotally, though, when at a conference several years ago someone asked the Lloyd’s representative what would be the asbestos of the 21st century, his reply was “asbestos.”

Long-term injuries such as asbestos remain a steady drain on the resources of companies, and the creativity of the asbestos plaintiffs’ bar guarantees that this potentially crippling liability will not disappear in the foreseeable future.

New insurance decisions by appellate...
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