Policyholders Bear the Risk When Insurance Was Unavailable on the Market

Alexis P. Joachim | Phelps Dunbar | April 26, 2018 On March 27, 2018, in a matter of first impression, the New York Court of Appeals ruled that under a “pro rata time-on-the-risk” allocation method, a policyholder bears the risk of uninsured years.  In KeySpan Gas East Corp. v. Munich Reinsurance America, Inc., et al.,… Continue reading Policyholders Bear the Risk When Insurance Was Unavailable on the Market

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