Excess Policy Terms Set Exhaustion Method, Ill. Judge Says

By Jeff Sistrunk (July 29, 2016, 11:27 PM EDT) -- An Illinois state judge has rejected a mechanical sealing company's argument that it should be allowed to access excess insurance policies to cover asbestos injury claims once all the lower-level insurance in the same policy period has been exhausted, finding that the proper exhaustion method depends on the language of each excess policy....

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