In a decision described as a major victory for policyholders, the California Supreme Court has unanimously ruled in Montrose Chem. Corp. of Cal. v. Superior Court that policyholders do not always have to first exhaust all of their primary coverage over different policy periods to access excess coverage for certain years.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In