The Impacts Of Calif. V. Continental

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...
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