Lloyd's Wins Coverage Spat On CGL Interpretation

Law360, New York (June 7, 2010, 5:29 PM EDT) -- The contractual liability exclusion in a commercial general liability insurance policy excludes coverage for property damage when the only basis for liability is that the insured contractually agreed to be responsible for the damage, Texas' high court has ruled in a coverage fight pitting a construction company against Lloyd's of London.

An exception to the exclusion does not operate to restore coverage, either, the Supreme Court of Texas ruled Friday.

The question in the case stems from a Dallas Area Rapid Transit construction project during which...
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