Travelers Cas. & Sur. Co. v. Certain Underwriters at Lloyd's of London

ELR Citation: ELR 20262
No(s). s. 123, 124 (N.Y. Oct 16, 2001)

The court holds that losses from environmental injury claims involving decades of commercial activities at numerous industrial and waste disposal sites may not be aggregated as a single disaster and/or casualty under an insurance policy between an insurer and its reinsurer. The insurer sought paymen...