4108 Under a policy requiring the insurer to indemnify the insured for "all sums which the insured is obligated to pay by reason of liability imposed by law or assumed under contract or agreement" arising from "damages," the insurer has no obligation to indemnify the insured for the costs of complying with a governmental agency's environmental cleanup order.CitationCOUNTY OF SD v ACE PROPERTY & CAS (Settlement Coverage) 37 C4 406 [See: Lloyd's v Superior Court 24 C4 945, T/AT 3/01; County of SD v Ace (RevGrtd) 106 CA4 349, T/AT 3/03]
|
|