Calif. Court Says Insureds Can Stack Policies For Max Coverage

Law360, New York (August 9, 2012, 10:04 PM EDT) -- The California Supreme Court handed a huge victory to policyholders Thursday by ruling in California's closely watched pollution coverage fight that insureds facing long-term property damage and personal injury claims can force a carrier to cover damage occurring outside its policy period and "stack" coverage limits from policies spanning multiple years to maximize recovery.

More than three years after taking up the case, California's high court sided with the state in a high-profile battle with six excess insurers over an environmental cleanup that could potentially cost...
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