California Supreme Court Adopts “All-Sums-With-Stacking” Allocation Rule In Pro-Policyholder Environmental Insurance Coverage Decision

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On August 9, the California Supreme Court issued an important decision that will enhance the ability of policyholders to receive the full benefit of their insurance policies for long-tail environmental claims. Specifically, the Court adopted an “all-sums-with-stacking” rule that will allow policyholders to recover from insurers over multiple policy periods, effectively “stacking” their policy limits to maximize potential recovery.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© K. Eric Adair, Hinson Gravelle & Adair LLP | Attorney Advertising

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