Owens-Illinois, Inc. v. United Insurance

The opinion of the Court was delivered by

O’HERN, J.

This appeal involves two aspects of a dispute between a manufacturer of an asbestos product and its insurers concerning the coverage afforded to the manufacturer under its liability insurance policies. First is the “trigger of coverage” issue, a shorthand expression for identifying the events that must occur during a policy period to require coverage for losses sustained by the policyholder. Second is the “allocation issue,” which involves the scope of coverage afforded under a triggered policy. One ques tion, for example, in the ease of…