Stacking Insurance Coverage In Calif.

Law360, New York (September 7, 2012, 11:41 AM EDT) -- This month, the California Supreme Court effectively increased the amount of insurance available to businesses for latent injury claims. In a unanimous decision in State of California v. Continental Ins. Co. et al., S170506 (Cal. Aug. 9, 2012) ("Continental"), the court held that policyholders facing losses arising from continuous or progressively deteriorating property damage occurring throughout several years may aggregate, or "stack," the insurance coverage from different policy periods to form one giant "uber policy" with a coverage limit equal to the sum of all purchased...
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