CGL Insurer Responsible For Only Portion Of Lead Exposure Judgment

Mealey's (October 11, 2021, 1:01 PM EDT) -- BALTIMORE — A commercial general liability (CGL) insurer is responsible for only 81.49 percent of an underlying judgment entered against its insured landlord for exposure to lead paint in the landlord’s property because pursuant to Maryland law, a pro-rata, time-on-the-risk allocation method must be applied to calculate the amount owed by the insurer, a Maryland federal magistrate judge said Oct. 6 in granting the insurer’s motion for summary judgment....