Posted on Feb 23, 2015 in
Construction,
Litigation |
Comments Off on Federal Court Rejects “Stacking” Consecutive Insurance Policies But Applies Highest Coverage Limit
The Insured operated a New Mexico brine well facility involved in solution mining of salt from brine water from 1995 to 2008. In a state court lawsuit, a neighboring property owner sued the Insured for property damage caused by the mining operation (specifically, damages caused when the roof of the underground cavern caused by the mining operation collapsed). The underlying lawsuit...