Lowenstein Sandler LLP, Washington, D.C. ( David L. Elkind of counsel), for New York State Electric & Gas Corporation, amicus curiae.
Crowell & Moring LLP, New York City ( Sehar Sabir of counsel), and Washington, D.C. ( Laura A. Foggan of counsel), for Complex Insurance Claims Litigation Association, amicus curiae.
Judges RIVERA, FAHEY, WILSON and FEINMAN concur; Chief Judge DiFIORE and Judge GARCIA taking no part.
OPINION OF THE COURT
STEIN, J.
On this appeal, we once again venture into the complex realm of long-tail insurance claims. The particular question before us is whether, under the "pro rata time-on-the-risk" method of allocation, defendant Century Indemnity Company is liable to its insured...
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