Thank you for sharing!

Your article was successfully shared with the contacts you provided.

In a decision of first impression, the New York Supreme Court has found that victims who had been exposed to asbestos-containing products that were manufactured by a now-defunct company are owed the entire amount of an asbestos settlement negotiated by an insurer on behalf of the company. The case is Liberty Mutual Insurance Co v. Jenkins Bros et al, New York Supreme Court, New York County, No. 651980/2018

The suit originated as actions brought by victims against Jenkins Bros., which had procured liability insurance coverage during the relevant time frames from Liberty Mutual Insurance Company. The  Jenkins Bros., company had been dissolved and bankrupt years prior to the litigation, so Liberty Mutual was found to be the real party in interest in the victims’ claims. Liberty Mutual appointed counsel to defend Jenkins Bros. in the suits. Victims reached settlements of the claims, and Liberty Mutual funded only a portion of those settlements claiming that since it had only provided insurance coverage to Jenkins Bros. for certain periods of a long stretch of time during which the victims were exposed to asbestos, it was only responsible for that portion of the settlement based on the doctrine of pro rata allocation.

This premium content is locked for
Insurance Coverage Law Center subscribers only.

Start a free trial to enjoy unlimited access to the single source of objective legal analysis, practical insights, and news for the insurance industry.

  • Access the most current expert analysis and daily developments across jurisdictions
  • Solve complex research issues with expert tools and intelligence
  • Tap into insurance coverage expert guidance

Already have an account?
For enterprise-wide or corporate access, please contact our Sales Department at 1-800-543-0874 or email [email protected].

Hannah Smith


Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.