The fundamental characteristic of a general liability policy (CGL) providing coverage on the basis of an occurrence is that the policy never expires even after the policy expires. If the occurrence causing the damage took place in the policy period, coverage should be provided regardless of when the damage first manifests.
Henkel Corporation vs. Lloyd’s of London
Year
2002
Court
California Supreme Court
Case Number
S0982427
Issue
- Commercial General Liability
State
- California