National Insurance Law Forum

National Insurance Law Forum

Published By The Attorneys of the National Insurance Law Forum

Tag Archives: all sums

Noncumulation Clause Results in “All Sums” Allocation for Long-Tail Environmental Liabilities

Posted in Recent Cases
By David M. Knapp, Ward Greenberg Heller & Reidy LLP Applying the New York Court of Appeal’s landmark Viking Pump decision for the first time, the Second Circuit recently held that an “all sums” allocation applied to policies issued to Olin Corporation by OneBeacon American Insurance Company in a long-tail environmental coverage dispute. Olin Corp.… Continue Reading

California Supreme Court Allows Stacking of Limits and Affirms “All Sums” Allocation

Posted in Liability Coverage
  On August 9, 2012, the California Supreme Court issued its long-awaited ruling in State of California v. Continental Insurance Company, et al., Case No. S170560  [PDF] [DOC]. In a unanimous decision, it affirmed the decision of the Court of Appeal, ruling that the State of California was allowed to recover up to the total… Continue Reading