Pennsylvania Supreme Court Sustains Claim's Priority Level With Insolvent Insurer

Pennsylvania Supreme Court Sustains Claim's Priority Level With Insolvent Insurer

HARRISBURG, Pa. - The Pennsylvania Supreme Court on Dec. 16 affirmed a determination by an insolvent insurer's liquidator of an environmental insurance claim as a priority level (b) as arising under a policy and the liquidator's assignment of that claim with a zero value on the basis that the policy did not cover the claim (Raybestos Products Co. v. Reliance Insurance Co. in liquidation, No. 11 MAP 2012, Pa. Sup.; 2013 Pa. LEXIS 3015).

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