Insurer Cannot Assert Late-Notice Defense For All Underlying Asbestos Claims

(February 26, 2019, 9:08 AM EST) -- ALBANY, N.Y. — A New York federal judge on Feb. 19 determined that an insurer cannot assert a late-notice defense for all underlying asbestos claims filed against its insured because the insured provided timely notice for some of the underlying claims after the insurer acknowledged the existence of the policies under which the insured sought coverage (Lamorak Insurance Co., f/k/a OneBeacon American Insurance Co. v. Fulton Boiler Works Inc., et al., No. 13-1525, N.D. N.Y., 2019 U.S. Dist. LEXIS 25843)....