Date: July 10, 2003
Source: News Room
The Wisconsin Supreme Court has ruled that insurance companies must cover some of the costs incurred by the businesses they insure to clean up federally designated toxic waste sites. The court admitted its own ruling nine years ago that limited the liability for insurance companies in cleanups of Superfund sites had created an "unworkable interpretation" of an insurer's duty to share some of the cleanup costs. The court noted in its 5-2 decision that its new ruling brought Wisconsin in line with other states in treating cleanup costs for those sites as damages under the policies businesses have with their insurers.
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