2nd Circuit Reverses Ruling In Coverage Dispute Arising From Subcontractor Injury

Mealey's (October 5, 2021, 2:10 PM EDT) -- NEW YORK — Predicting that the New York Court of Appeals would hold that an indemnity agreement in an underlying trade contract between insureds governs over insurance policy terms concerning the priority of coverage, the Second Circuit U.S. Court of Appeals on Oct. 5 reversed a lower court’s ruling as to coverage for the underlying settlement of a subcontractor employee’s injury....