Exposure triggers and allocation methods : learning lessons from prior court rulings

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      <subfield code="a">Exposure triggers and allocation methods</subfield>
      <subfield code="b">: learning lessons from prior court rulings</subfield>
      <subfield code="c">Charles R. McGuire, Kathleen A. McCullough, George B. Flanigan</subfield>
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      <subfield code="a">This article explores the impact of court rulings on policiy interpretation by providing a historical perspective on legal issues impacting the development of the CGL and it interpretation by the courts. Firts, the article provides a brief review of the events  surrounding the creation of the claims-made policy form . The article then focuses on the debate over what defines an "occurrence" or "tigger". Additionally, various systems of allocating losses among insurance contracts and insureds are discussed. The significance of these chaged rulings for the current market place , as well as the academic literature is discussed. Finally , public policy implications for the general insurance market are review</subfield>
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      <subfield code="d">New York : The American Risk and Insurance Association</subfield>
      <subfield code="g">Vol. 7, nº 1 Spring 2004 ; p. 73-87</subfield>
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