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17 May 2018, 7:00 am by Hillary N. Ladov
In reaching its decision, the court relied on In re Viking Pump Inc., 52 N.E.3d 1144 (N.Y. 2016), which stands for the proposition that for policies containing “prior insurance” or “non-cumulation” clauses, an “all sums” allocation with vertical exhaustion is the only appropriate method for allocating losses among policies. [read post]
4 May 2016, 8:37 am by Michael S. Levine
As a follow-up to my post yesterday concerning the New York Court of Appeals’ decision in In the Matter of Viking Pump, Inc. and Warren Pumps, LLC, Insurance Appeals, where the New York high court confirmed that policyholders may allocate all amounts of loss to a single policy and a single policy year, Syed Ahmad, a partner in our Insurance Coverage Counseling and Litigation team, was interviewed by Law360 about the decision’s broad-ranging… [read post]
5 May 2016, 4:45 pm by Pillsbury's Construction Law Team
Tievsky discusses New York State Court of Appeals’ decision in In re Viking Pump, Inc. [read post]
5 May 2016, 8:28 am by Benjamin D. Tievsky
In In re Viking Pump, Inc., New York’s Court of Appeals did not overrule its 2002 decision in Consolidated Edison Co. of New York v. [read post]
  The court held that it was bound by Matter of Viking Pump, 33 N.Y.S.3d 118 (N.Y. 2016), because, in Hopeman, as in Viking Pump, the policies all contained “non-cumulation clauses” which require application of all sums allocation. [read post]
3 May 2016, 11:02 am by Michael S. Levine
  The decision, in In the Matter of Viking Pump, Inc. and Warren Pumps, LLC, Insurance Appeals, comes in response to two questions certified from the Delaware Supreme Court: 1. [read post]
1 Nov 2016, 4:48 am
Decision Finally Clarified by Delaware Supreme Court In re Viking Pump, Inc. and Warren Pumps, LLC Insurance Appeals, No. 518, 523, 525, 528, 2014, N10C-06-141, C.A. [read post]
11 May 2016, 6:34 am by Michael S. Levine
The decision, in In the Matter of Viking Pump, Inc. and Warren Pumps, LLC, Insurance Appeals, comes in response to two questions certified from the Delaware Supreme Court: Under New York law, is the proper method of allocation to be used all sums or pro- rata when there are non-cumulation and prior insurance provisions? [read post]