Financial Services Industry
Industry: Email Alert RSS FeedAmbiguous Policy Language Costs Insurers Pollution Liability Case.(Brief Article)
Claims, August, 1999
The Colorado Supreme Court has ruled for the cities of Littleton and Englewood, Colo., finding that the cities' policy language does not preclude coverage in their environmental liability case with the Environmental Protection Agency.
"This appeal raises important and difficult issues of insurance contract interpretation concerning whether certain insurance policies provide liability coverage for environmental pollution under the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA)," wrote Justice Bender, delivering the court's opinion.
The case arose out of a wastewater treatment facility jointly operated by Littleton and Englewood. The cities were notified by the EPA that, under CERCLA, they were potentially responsible...
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