From Casetext: Smarter Legal Research

Travelers Casulaty v. Certain Underwriters

Appellate Division of the Supreme Court of New York, First Department
Jul 1, 1999
263 A.D.2d 368 (N.Y. App. Div. 1999)

Opinion

July 1, 1999.

Order, Supreme Court, New York County (Barry Cozier, J.), entered May 21, 1998, which, in an action by an insurer against reinsurers for breach of reinsurance contracts, insofar as appealed from, denied plaintiff's motion for summary judgment, unanimously affirmed, with costs.

PRESENT: Rosenberger, J. P., Williams, Mazzarelli, Lerner and Buckley, JJ.


In the absence of controlling reinsurance case law interpreting the contract language providing for the aggregation of multiple occurrences having a common origin or being traceable to the same act, omission or error, the lAS Court properly looked to direct insurance case law interpreting similar contract language, namely, Stonewall Ins. Co. v. Asbestos Claims Mgt. Corp. ( 73 F.3d 1178, 1213, mod on other grounds 85 F.3d 49) and Johnson Corp. v. Indemnity Ins. Co. ( 7 N.Y.2d 222, 228-230). On the basis of such case law, the IAS Court correctly rejected plaintiffs argument that aggregation of the disparate pollution occurrences underlying the multiple claims against its insured was necessarily justified by the latter's company-wide policy or practice of ignoring environmental concerns. We have considered plaintiffs other arguments, including that its aggregation of its insured's losses is justified by the "follow-the-fortunes" doctrine, and find them to be unavailing.


Summaries of

Travelers Casulaty v. Certain Underwriters

Appellate Division of the Supreme Court of New York, First Department
Jul 1, 1999
263 A.D.2d 368 (N.Y. App. Div. 1999)
Case details for

Travelers Casulaty v. Certain Underwriters

Case Details

Full title:TRAVELERS CASUALTY AND SURETY COMPANY, Appellant, v. CERTAIN UNDERWRITERS…

Court:Appellate Division of the Supreme Court of New York, First Department

Date published: Jul 1, 1999

Citations

263 A.D.2d 368 (N.Y. App. Div. 1999)
692 N.Y.S.2d 379