Â
Sponsored by
CALIFORNIA NEWS
Court says insurance companies must pay on toxic waste site policies
Posted: Aug 10, 2012 10:30 AM by Associated Press
SAN FRANCISCO (AP) - The California Supreme Court has told insurance companies they must pay up to the policy limits for cleanup of a toxic dump in Riverside County.
Thursday's unanimous decision in the decades-long dispute means the state will likely receive tens of millions of dollars more from insurers to clean up the Stringfellow Acid Pits near Glen Avon.
The industrial waste facility operated by the state from 1956 to 1972 leaked contaminants into ground water.
The Los Angeles Times (http://lat.ms/MGC5fU ) says the California Supreme Court ruled that consecutive insurance policies require each insurer to pay up to their policy limits for waste site damages.
The court says the state, which purchased multiple policies and paid multiple premiums, should be able to collect up to the policy limit from each company.
PLEASE HELP US MODERATE COMMENTS
Offensive or inappropriate comments are subject to removal. To report a comment, please e-mail us at feedback@ksby.com, and include the name of the story and information on the comment.
Thank you! KSBY.com
KSBY.com is social!
KSBY.COM VIDEOS
-
Friends and family of a young woman killed in a DUI crash last night remember her life
Views: 71 June 20, 2013 -
Evacuees forced from their homes by the most damaging wildfire in Colorado's history return
Views: 24 June 19, 2013 -
Military widow finds another woman's name engraved on her husband's tombstone
Views: 274 June 18, 2013 -
Mother taken into custody after driving under the influence with her son in the car
Views: 45 June 18, 2013
Comments