Legal Opinion
The Matter of Viking Pump Inc. and Warren Pumps LLC
New York Court of Appeals
Decided May 3, 2016No. 59PublishedCited by 83 opinions
1Opinion of the Court
OPINION OF THE COURT
Stein, J.
In this complex insurance dispute, we have accepted two certified questions from the Delaware Supreme Court asking us to determine (1) whether “all sums” or “pro rata” allocation applies where the excess insurance policies at issue either follow form to a non-cumulation provision or contain a non-cumulation and prior insurance provision, and (2) whether, in light of our answer to the allocation question, horizontal or vertical exhaustion is required before certain upper level excess policies attach. We reaffirm that, under New York law, the contract language of…
2Cases cited37 opinions
- Breed v. Insurance Co. of North AmericaNew York Court of Appeals · 1978
- American Physicians Insurance Exchange v. GarciaTexas Supreme Court · 1994
- Consolidated Edison Co. of New York, Inc. v. Allstate InsuranceNew York Court of Appeals · 2002
- Olin Corp. v. American Home Assurance Co.Court of Appeals for the Second Circuit · 2012
- Owens-Illinois, Inc. v. United InsuranceSupreme Court of New Jersey · 1994
32 more not listed; retrieve them via the Exa API.
3Cited by83 opinions
- In Re Viking Pump, Inc. and Warren Pumps, LLC Insurance AppealsSupreme Court of Delaware · 2016
- Expressions Hair Design v. SchneidermanSupreme Court of the United States · 2017
- Lend Lease (US) Construction LMB Inc. v. Zurich American Insurance CompanyNew York Court of Appeals · 2017
- Olin Corp. v. OneBeacon America Insurance Co.Court of Appeals for the Second Circuit · 2017
- Global Reinsurance Corp. of Am. v. Century Indem. Co.Court for the Trial of Impeachments and Correction of Errors · 2017
78 more not listed; retrieve them via the Exa API.