New York High Court To Decide If Coverage Due For Time No Insurance Was Available

Mealey's (February 6, 2018, 1:18 PM EST) -- ALBANY, N.Y. — After hearing oral arguments on Feb. 6, the New York Court of Appeals is set to decide whether an excess insurer owes coverage to its insured for the time periods when the insured was unable to purchase environmental liability insurance coverage even if the excess insurer’s policies specifically stated that coverage is afforded only for damages occurring during the policy period (KeySpan Gas East Corp. v. Munich Reinsurance America Inc., et al., No. APL-2016-00236, N.Y. App.)....