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Partner Elizabeth Ahlstrand Obtains Appellate Win for Insurer from NY Court of Appeals


Partner Elizabeth Ahlstrand obtained a favorable decision from the New York Court of Appeals. The Court’s decision, issued on November 24, 2020, affirmed a decision and order from the trial court which held that the excess policy issued by the Insurance Company of the State of Pennsylvania did not drop down to fill the gap in coverage created when the primary policy was rescinded due to material misrepresentations made by the insured in its application, including approximately $1M in pre- and post-judgment interest that would have been covered by the primary policy had it remained in effect. The appellate win was written about in Business Insurance.