Proof Is On The Policyholders

Law360, New York (February 27, 2013, 1:04 PM EST) -- In Plant Insulation Company v. Fireman’s Fund Insurance Company, et al., No. 06-448618, 10-11 (Cal. Super. Jan. 31, 2013), the California Superior Court, applying California law, issued a tentative statement of decision, holding that asbestos bodily injury claims fall within the meaning of the "completed operations hazard" or the "products hazard," and are subject to aggregate limits applicable to those hazards, if the bodily injury taking place during an insurer’s policy period occurred after the policyholder completed the operations or relinquished the products.

In addition, the...
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