California High Court Agrees To Review Policy Exhaustion Issue In Asbestos Suit

Mealey's (May 17, 2022, 9:19 AM EDT) --  XE "Asbestos" SAN FRANCISCO — The California Supreme Court on April 13 granted an primary insurer’s petition for review in a long-standing asbestos insurance coverage dispute, agreeing to review the question of whether horizontal or vertical exhaustion should be applied when allocating the insurer’s claim for equitable contribution....