One of the major issues for the past quarter century in the litigation of coverage disputes relating to liability for alleged long-term or latent injury or damage (such as those arising from asbestos bodily injury, environmental property damage, or other mass torts) has been “allocation.”
Substitution of 'The Sums' or 'Those Sums' for 'All Sums' Does Not Alter the Scope of Coverage
One of the major issues for the past quarter century in the litigation of coverage disputes relating to liability for alleged long-term or latent injury or damage (such as those arising from asbestos bodily injury, environmental property damage, or other mass torts) has been "allocation." In particular, insurance companies and policyholders have disputed the scope of coverage provided by an "occurrence"-based general liability policy triggered by injury or damage during its policy period, when the same occurrence also caused harm in other policy periods.
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Michael T. SharkeyThis premium content is locked for LawJournalNewsletters subscribers only
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