Umbrella Insurer Says Only 1 $5M Limit Applies To 3-Year Policy

(June 12, 2023, 5:00 PM EDT) -- DETROIT — An umbrella insurer contends in a response to its insured’s cross-motion for summary judgment filed in Michigan federal court that its three-year policy includes only one $5 million limit for underlying environmental contamination suits filed against the insured and not separate $5 million limits for each year of the policy....