Farmers Unit Freed From Policy Stacking Rule In Calif. Case

Law360, New York (April 9, 2013, 2:07 PM EDT) -- A California appeals court on Monday reaffirmed its prior ruling that a Farmers Insurance Group unit is not liable for more than $500,000 in cement company Kaiser Cement & Gypsum Corp.'s asbestos litigation, after being asked by the state Supreme Court to reconsider the decision.

Kaiser, which manufactured various products that contained asbestos from the 1940s through the 1970s, faces thousands of health-related claims and sought coverage from a group of insurers, including its primary insurer, Farmers unit Truck Insurance Exchange, and its excess insurer Insurance...
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