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12 Mar 2019

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Some Good News from California for Companies with Self-Insured Retentions

In sum, Deere reaffirms that there is no basis in insurance contracts or insurance law to conclude that an insured’s SIR obligations survive the exhaustion of its first-layer of coverage to be incorporated into higher-layer policies. Every company with an SIR and excess insurance stands to benefit from this decision by the Court of Appeal.

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