2nd Circuit Panel Says Policy Is Ambiguous On Insurer’s Liability Limits

Mealey's (February 13, 2017, 3:11 PM EST) -- NEW YORK — The Second Circuit U.S. Court of Appeals on Feb. 10 vacated a district court’s award of partial judgment on the pleadings entered in favor of an insured seeking coverage for an oil spill after determining that the policy language regarding the insurer’s liability to the insured is ambiguous (American Commercial Lines LLC v. Water Quality Insurance Syndicate, Nos. 16-91, 16-119, 2nd Cir., 2017 U.S. App. LEXIS 2460)....

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