New York Court of Appeals Opts for “All Sums” Allocation in Asbestos Coverage Case
In a landmark ruling, the New York Court of Appeals held that “all sums” allocation and vertical exhaustion applied in a case involving coverage for injuries related to asbestos exposure. The court based its holding on the language of the insurance policies, which included non-cumulation clauses or non-cumulation and prior insurance provisions. The plaintiffs, Viking …