If a policyholder with several layers of insurance desires to enter into a settlement to resolve a coverage dispute with one of its insurers, the policyholder should be able to settle for less than ...
In Santa Fe Braun v. Ins. Co. of North America (No. A151428, filed 7/13/20), a California appeals court relied on Montrose Chemical Corp. of California v. Superior Court (2020) 9 Cal.5th 215 (Montrose ...
Policyholders purchase excess coverage with the reasonable expectation that they will not face a series of different coverage positions from multiple layers of insurers when seeking payment for claims ...
A commercial insurance policy’s general liability limits aren’t always enough to handle significant claims. In these circumstances, business insurance policyholders rely on extra coverage through an ...