Insured Was Obligated To Obtain Consent Prior To Settling Suit, Panel Says

Mealey's (February 2, 2016, 11:25 AM EST) -- SANTA ANA, Calif. — A California court did not err in entering judgment in an excess insurer’s favor because the insured was required to obtain the excess insurer’s consent prior to settling an underlying environmental contamination suit, the Fourth District California Court of Appeal said Feb. 1 (The Doe Run Resources Corp. v. The Fidelity & Casualty Company of New York, No. G050689, Calif. App., 4th Dist., Div. 3).

(Unpublished opinion available. Document #03-160203-009Z.)

The Doe Run Resources Corp., formerly known as St. Joe Minerals Co.,...
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