Insurance Coverage

Insurance Coverage

Our client has significant insurance coverage for asbestos claims. One of their insurance companies sued them, claiming that an unusual premium agreement, which was issued more than 30 years ago, but after the policy period had already expired, required the client to make significant continuing payments for every asbestos claim. We undertook vigorous discovery and were able to develop a number of significant defenses which resulted in a favorable settlement providing for continuing coverage without continuing payments. This included my reviewing 156,000 single page tiff files that I received late on a Friday and having selected and printed 75 key documents for a deposition the following Tuesday in New York.