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NY Justices Reject Prorated Excess Asbestos Coverage

By Jeff Sistrunk ( May 3, 2016, 11:54 AM EDT) -- New York's highest court ruled Tuesday that each excess insurance policy covering Viking Pump and Warren Pumps can be held liable for the entire loss resulting from asbestos claims against the manufacturers, while also rejecting the insurers' argument that all of the available primary policies must be exhausted before excess coverage kicks in....

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