Overview
Steptoe's Catherine Cockerham and Alex Goldos co-authored an article titled "Court Rejects the 'Unavailability Exception' to Pro Rata Allocation" for the American Bar Association Insurance Coverage Asbestos Subcommittee. The article, published April 23, discusses the significance of the New York Court of Appeals recent ruling in Keyspan Gas E. Corp. v. Munich Reins. Am., Inc., and the impact on insurers in New York faced with claims involving continuous environmental pollution, asbestos injury, and other "long-tail" claims implicating multiple policy periods.
The full article can be read here.
