New York law requires insurance companies to allocate continuous, progressive losses on a pro rata basis among all triggered policies based upon a time-on-the-risk allocation model. The New York Appellate Court recently rejected an invitation to create an...
Month: February 2017
Four Corners Rule Upheld in WI Supreme Court Case
The Wisconsin Supreme Court, in a split decision, reaffirmed the "four corners" rule governing a liability insurance company's duty to defend. The High Court confirmed that under Wisconsin law there were no exceptions to the rule that extrinsic evidence cannot create...