By Raymond Mascia and Thomas Dupont ( March 27, 2024, 6:00 PM EDT) -- In 2016, the New York Court of Appeals delivered a long-awaited victory for policyholders facing long-tail asbestos and environmental claims spanning multiple years of liability coverage. In In re: Viking Pump Inc., the Court of Appeals rejected the insurance companies' argument that pro rata allocation applies, and instead adopted the all sums rule based on policy language.[1]...
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.