Continental Insurance Company, Fidelity & Casualty Company of New York, Commercial Insurance Company of Newark…

Summary

The Supreme Court of New Jersey affirmed the Appellate Division, holding that New Jersey’s continuous‑trigger allocation doctrine governs the insurance liability among the excess insurers and that the unavailability exception bars Honeywell from contributing for the period after commercial asbestos insurance became unavailable in 1987. The Court declined to create an equitable exception to the unavailability rule.