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Home / News Story / Distributor's Sales Of Stucco Counted As One ‘Occurrence' Under Policy (access required)

Distributor's Sales Of Stucco Counted As One ‘Occurrence' Under Policy (access required)

A Lowcountry distributor's multiple sales of allegedly defective stucco counted as only one "occurrence" under the company's commercial general liability policy, the Supreme Court has ruled in response to a certified question from federal court. The Nov. 7 ruling means that the policy's $1 million per-occurrence limit applies in a pending federal class-action lawsuit over water ...

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