Travelers Casualty and Surety Co vs. Certain Underwriters at Lloyds of London
Year 2000
Court New York State Court of Appeals
Case Number 2000-2299, 2000-2300
  • No "hindsight" underwriting
  • Pollution Exclusion and Coverages
  • New York

Reinsurance companies should not be free from oversight and regulation. Lloyds should not be allowed to engage in “hindsight” underwriting to change “loss” to “occurrence” and to insert a “proximate cause” requirement. UP’s co-amici are Fresh Air Fund, Center for Children and Families and Police Athletic League.