The Biggest Property and Casualty Insurance Rulings of 2019
Insurance attorneys received guidance on a host of critical issues this year, including precedent from the Connecticut Supreme Court on asbestos injury coverage and a ruling from Georgia’s high court that made it harder to sue insurers for bad faith.
Here, Law360 recaps four insurance rulings that caught lawyers' attention in 2019.
R.T. Vanderbilt v. Hartford
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According to Blank Rome LLP associate Kyle Brinkman, the state Supreme Court’s recognition of an unavailability rule is important for manufacturers facing asbestos injury claims spanning many years. Without such a rule, companies would have to foot the bill for ever-increasing shares of their own legal expenses as time goes on, he said.
“It is the only way for a pro rata scheme to be remotely fair to a policyholder because, otherwise, coverage is diminished more and more over time even though the amount of insurance you bought never changed,” Brinkman said.
"The Biggest Property and Casualty Insurance Rulings of 2019," by Jeff Sistrunk was published in Law360 on December 20, 2019.