Vertical Exhaustion Applies To Policies In Asbestos Coverage Dispute

Mealey's (July 21, 2020, 11:17 AM EDT) -- SAN FRANCISCO — The First District California Court of Appeal on July 13 reversed and remanded a trial court’s ruling in an asbestos coverage dispute that has been pending for more than 10 years after determining that vertical exhaustion, rather than horizontal exhaustion, must be applied to excess policies at issue (SantaFe Braun Inc. v. Insurance Company of North America, et al., No. A151428, Calif. App., 1st Dist., Div. 4, 2020 Cal. App. LEXIS 645)....

Attached Documents

Related Sections