In its amicus curiae brief, UP argues that the terms of the standard commercial general liability insurance policy compels “all sums” allocation. UP brief specifically emphasizes the insurance industry’s extensive drafting history, which confirms that the standard commercial general liability insurance policy, once triggered by injury or damage happening during the policy period, should provide coverage for a policyholder’s liability in full up to the policy limits, rather than some lesser, prorated amount.
Radiator Specialty Co. v. Arrowood Indemnity Co.
Year
2021
Court
North Carolina Supreme Court
Case Number
20PA21
Issue
- All Sums
State
- North Carolina