High-profile insurance decisions released this summer upstaged other notable rulings, including a New York appellate court’s holding that Ace doesn’t have to pick up National Grid’s cleanup costs for years where no pollution liability insurance was available on the market and a New Jersey court’s holding that a U.S. Environmental Protection Agency demand is a covered “suit.”
While headlines were dominated by the New York high court’s decision that each excess policy issued to a pair of pump makers can be held liable for the entire loss resulting from asbestos claims against the companies and an Arizona federal court’s ruling curtailing data breach coverage for P.F. Chang’s, other decisions may have gone unnoticed.
Here, Law360 breaks down five rulings that insurance attorneys may have missed over the summer.
“Carriers like to argue that this is a voluntary process, but it is hardly voluntary when someone is holding a gun to your head,” said Sherilyn Pastor, leader of McCarter & English LLP’s insurance coverage group.