OneBeacon Insurance v. Georgia-Pacific Corp.
Court of Appeals for the First Circuit
1Opinion of the Court
BOUDIN, Chief Judge.
In 1967, the Employers Surplus Lines Insurance Company (“Employers”) issued a comprehensive general liability (“CGL”) policy to Georgia-Pacific Corporation. The standard CGL policy is designed primarily to protect the insured from claims by third parties. 2 Stempel, Stem/pel on Insurance Contracts § 14.01 (3d ed.2006). The policy, whose coverage period was set at three years beginning on January 1, 1967, provided for a $10 million annual aggregate limit of liability as well as a $10 million per occurrence limit. 1
Shortly after the policy was issued, Georgia-Pacific found…
2Cases cited7 opinions
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- Lac D'amiante Du Quebec, Ltee v. American Home Assurance CompanyCourt of Appeals for the Third Circuit · 1988
- In re the Liquidation of Midland InsuranceAppellate Division of the Supreme Court of the State of New York · 2000
- Board of Trustees of the University of Illinois, and Cross-Appellant v. Insurance Corporation of Ireland, Limited, and Cross-AppelleeCourt of Appeals for the Seventh Circuit · 1992
- Continental Ins. Co. v. Paccar, Inc.Washington Supreme Court · 1981
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