KEYSPAN GAS EAST CORPORATION v. MUNICH REINSURANCE AMERICA, INC.

No. 20.

31 N.Y.3d 51 (2018)

96 N.E.3d 209

73 N.Y.S.3d 113

2018 NY Slip Op 02116

KEYSPAN GAS EAST CORPORATION, Appellant, v. MUNICH REINSURANCE AMERICA, INC., Defendant, and CENTURY INDEMNITY COMPANY et al., Respondents.

Court of Appeals of New York.

Decided March 27, 2018.


Attorney(s) appearing for the Case

Covington & Burling LLP, Washington, D.C. ( Robert A. Long , of the District of Columbia bar, admitted pro hac vice, William F Greaney , Jay T. Smith , Michael Lechliter , of the District of Columbia bar, admitted pro hac vice, David M. Zionts , of the District of Columbia bar, admitted pro hac vice, of counsel), and New York City ( Christopher Yeung of counsel), for appellant.

O'Melveny & Myers LLP, Washington, D.C. ( Jonathan D. Hacker , of the District of Columbia bar, admitted pro hac vice, of counsel), and New York City ( Jonathan Rosenberg , Anton Metlitsky and Leah Godesky of counsel), and Boutin & Altieri, P.L.L.C., Carmel ( John L. Altieri, Jr. , of counsel), for Century Indemnity Company, respondent.

White and Williams LLP, New York City ( Robert F. Walsh of counsel), for Northern Assurance Company of America, respondent.

Anderson Kill P.C., New York City ( Robert M. Horkovich and Mark Garbowski of counsel), for WRG Asbestos PI Trust, amicus curiae.

McCarter & English, LLP, Newark, New Jersey ( Gita F. Rothschild and Adam J. Budesheim of counsel), Reed Smith LLP, New York City ( Paul E. Breene of counsel), Ward Greenberg Heller & Reidy LLP, Rochester ( Kevin T. Merriman and David M. Knapp of counsel), Amy Bach , United Policyholders, San Francisco, California, and Anderson Kill , New York City ( Robert M. Horkovich of counsel), for United Policyholders and others, amici curiae.

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

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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