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Best’s News & Research Service subscription required - July 24, 2024 12:09 PM (EDT)

California Supreme Court: ‘Vertical Exhaustion’ Applies to Primary, First-Layer Excess Relationships

The California Supreme Court ruled a policyholder can access a first-layer excess policy after the primary policy directly under it is exhausted, a concept called “vertical exhaustion,” for claims . . .

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Legal Aspects Asbestos California Excess And Surplus Lines Insurance Litigation

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