What To Expect From NY's Landmark Decision In Diocese
September 5, 2013, 1:02 PM EDT
Law360, New York (September 5, 2013, 1:02 PM EDT) -- In a landmark decision, New York state’s highest court recently addressed for the first time a host of issues that are familiar to insurance coverage disputes — allocation, number of occurrences or retentions and waiver — in the context of underlying claims of sexual abuse. See Roman Catholic Diocese of Brooklyn et al. v. National Union Fire Ins. Co. of Pittsburgh, Pa., et al., 21 N.Y.3d 139 (May 7, 2013).
The decision will almost certainly have an impact on future disputes between policyholders and insurers arising...