Employers Insurance of Wausau v. American Home Products Corp.

OPINION OF THE COURT

Nardelli, J.

Defendant-respondent American Home Products Corporation (AHP) is a Delaware corporation; at the time this action was commenced its principal place of business was in New York. It was in the process, however, of moving its principal place of business to New Jersey, which process it has now completed. All the contracts of insurance at issue here were negotiated and contracted for by brokers in New York City.

In April 1991, AHP had commenced an action in Delaware against plaintiff Employers Insurance of Wausau (Employers) and 77 other insurance companies for a…