(Insured Entitled to Trigger Excess Coverage Upon Exhaustion of Scheduled Primary Policy, Irrespective of Other Available Unscheduled Primary Policies Covering a Continuous Loss)
(August 2020) - In SantaFe Braun, Inc. v. Ins. Co. of North America et al., __Cal. App.5th__ (July 13, 2020), the California Court of Appeal followed the reasoning in the recent California Supreme Court decision in Montrose Chemical Corp. of California v. Superior Court, 9 Cal.5th 215 (2020) ('Montrose III'), and found that SantaFe Braun, Inc. ('Braun') need only exhaust...