Excess Insurer Owes No Coverage For Remediation Costs, Panel Says In Reversing

( May 26, 2026, 9:20 AM EDT) -- INDIANAPOLIS — The Indiana Court of Appeals reversed and remanded a trial court’s summary judgment ruling in favor of an insured after determining that the excess insurer has no coverage obligation for environmental contamination remediation costs because, under a pro-rata allocation method, the yearly cost of the remediation does not exceed the attachment points of the excess policies....