Calif. Beats Insurer Defenses Over $99M Stringfellow Bill
By Bibeka Shrestha
Law360, New York (August 01, 2013, 6:47 PM ET) -- A California trial court ruled last week that the state's $99.4 million payment to the U.S. Environmental Protection Agency for cleanup costs at the Stringfellow waste site counted as "damages" covered under insurance policies, siding with the state's executive branch on a key remaining issue in the high-stakes litigation.
In the latest ruling in the long-running lawsuit over a potentially $700 million cleanup, the California Superior Court in Riverside County turned down arguments from insurers that the state government's $99.4 million payment to the EPA could not...