• Chronological Exhaustion of Policy Limits
  • June 10, 2010 | Authors: Jonathan A. Dachs; Norman H. Dachs
  • Law Firm: Shayne, Dachs, Corker, Sauer & Dachs, LLP - Mineola Office
  • The existence of multiple claimants against a single; limited (and pre-sumably inadequate) insurance policy is a common occurance. When the number of claimants exceeds two, the insurer may be faced with the important, but difficult, question of how to divide its policy limits pie among several hungry claimants.