Law360, New York (October 6, 2016, 3:23 PM EDT) -- Decades of fermentation may be good for fine wine. But when a dispute over intent regarding pre-1986 occurrence-based policies is resolved today, attempts by insurers to relitigate arguments lost long ago without any new evidence should be rejected.
A New York intermediate appellate court recently held that, in an environmental contamination case where property damage triggers pre-1986 occurrence-based policies but continues into the post-1986 period when insurance was unavailable, the post-1986 period must be included in the pro rata allocation and assigned to the policyholder. In reaching this result, the court in KeySpan Gas East Corp. v. Munich Reins. Am. Inc.,...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!