Focus (Forum & Focus)
Feb. 21, 2008
Passing the Buck
Focus Column - By Peter S. Selvin - Several California Supreme Court cases have addressed the responsibility for funding third-party insurance settlements.
By Peter S. Selvin
This article appears on Page 7.
A recent appellate decision underscores the importance of policy wording in determining whether a liability insurance carrier is responsible for funding a settlement reached by its insured with third-party claimants.
In Aerojet-General v. Commercial Union Insurance Co., 155 Cal.App.4th 132 (2007), the Court of Appe...
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