In the Matter of the Liquidation of Integrity Insurance Co./Sepco Corp., etc., A-3850-10T1, A-5191-10T1; Appellate Division; opinion by Payne, P.J.A.D.; decided and approved for publication August 23, 2012. Before Judges Payne, Simonelli and Hayden. On appeal from the Chancery Division, Bergen County, C-63-03 and C-7022-86. DDS No. 23-2-7460 [25 pp.]
These appeals, consolidated for purposes of decision, concern whether New Jersey’s pro-rata approach to allocation of coverage among triggered insurers should be applied or whether, under choice-of-law principles, a joint and several or “all-sums” approach to allocation, adopted in the states in which claimants are incorporated and maintain their principal places of business, is applicable.
