KeySpan Gas E. Corp. v. Munich Reins. Am., Inc.

Defendants issued excess insurance policies to Plaintiff that required, as a threshold condition for coverage, Plaintiff to provide timely notice of any occurrence that potentially implicated Defendants’ duty of indemnification. This case concerned the investigation and remediation of environmental damage at manufactured gas plant (MGP) sites owned by Plaintiff. When Defendants denied coverage, Plaintiff commenced a declaratory judgment action. The Appellate Division concluded that Plaintiff failed to provide timely notice under the policies of environmental contamination at the MGP sites but denied summary judgment to Defendants, determining that material issues of fact remained as to whether Defendants waived their right to disclaim coverage of Plaintiff’s claims. The Court of Appeals reversed, holding that the Appellate Division erred in considering the waiver issue under N.Y. Ins. Law 3420(d)(2) because Plaintiff never relied on the statute and instead asserted a common-law waiver defense. View "KeySpan Gas E. Corp. v. Munich Reins. Am., Inc." on Justia Law