By David A. O’Neill, JD, Director of Investigations
In a long-awaited opinion, the Court found that insurers that had issued a series of excess liability insurance policies to the State of California for its operation of the Stringfellow Acid Pits were responsible to indemnify the State of California for all sums in connection with the clean-up of the site. The Supreme Court of California filed its decision in the civil case styled State of California v. Continental Insurance Company on Thursday, August 9, 2012. Further, in allocating the indemnity among insurers, the Court found that coverage limits from these policies could be “stacked” so that more than one policy could be triggered by an occurrence that was continuous over the period of loss. Continue reading “California Supreme Court Approves Stacking of Policy Limits Over Triggered Liability Policy Periods In Environmental Cases”