Continental Casualty Company v. Employers Insurance Company of Wausau: New York Court Decides Significant Asbestos Coverage
Issues Against Insurer
Following a 34-day bench trial, New York Supreme Court Judge Richard Braun issued a ruling that policyholders will contend expands the scope of insurance coverage for long-tail asbestos-related personal injury claims. Because the case involves unaggregated operations coverage for asbestos claims, the stakes are high, and an appeal undoubtedly will follow. This memorandum briefly summarizes and assesses some of the Opinion’s most notable rulings.