Del. Ruling Adds Wrinkle To NY Coverage Trigger Law
Law360, Los Angeles (September 14, 2016, 6:19 PM EDT) -- The Delaware Supreme Court's recent ruling under New York law that two pump manufacturers are entitled to excess coverage for claims of bodily injuries continuing after "significant" exposure to asbestos will tee up battles between policyholders and insurers to determine whether plaintiffs' initial exposures to the toxic mineral were substantial enough to trigger coverage, experts say.
In a hefty opinion issued on Monday, the Delaware high court found that a trial court had erred in holding that Viking Pump Inc. and Warren Pumps LLC could pursue coverage only under excess policies that were in effect when the plaintiffs in underlying asbestos personal...
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