Law360 (January 23, 2009, 12:00 AM EST) -- On Jan. 5, 2009, the California Court of Appeal, Fourth District, issued an important new decision regarding the “stacking” of policy limits: State of California v. Continental Insurance Company, No. E041425 (Super. Ct. No. 239784).
Overall, Continental is a very positive decision for insureds. However, some of the court’s secondary rulings are less helpful for insureds, particularly those seeking coverage for major environmental- or asbestos-related exposures. This article highlights the key elements of the Continental decision.
Background
Continental involves insurance coverage disputes arising out of environmental...
The Impacts Of Calif. V. Continental
To view the full article, register now.
Try Law360 FREE for seven days
Already a subscriber? Click here to login
