Panel Affirms Court’s Rulings In Coverage Suit Arising From Global Product Recall

(July 19, 2024, 7:31 AM EDT) -- NEW YORK — A New York appeals court held that a lower court properly determined that coverage for an insured’s losses arising from a global product recall was excluded under the prior notice exclusion in the insured’s year one policy, further finding that the lower court properly determined that fact issues preclude summary judgment as to coverage under the insured’s year two policy....

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