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.
Court North Carolina Supreme Court
Case Number 20PA21
- All Sums
- North Carolina