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Calif. Justices Lift Policy Transfer Barrier In Landmark Ruling

By Jeff Sistrunk (August 20, 2015, 1:14 PM EDT) -- The California Supreme Court on Thursday overruled its landmark 2003 ruling in Henkel Corp. v Hartford, holding in Fluor Corp.'s asbestos coverage suit that the prior decision conflicts with an obscure California law that allows companies to freely assign their rights under insurance policies to successors after a loss has already occurred....

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