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The “Fortuity” and “Known Loss" Doctrines of Insurance …
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What is a no known loss letter? - Discover D&O
WebSep 1, 2014 · Known "Loss" or Known Injury or Damage? Attempting to equate the "known loss" doctrine with the Montrose known injury or damage wording may result in a more favorable coverage outcome for the policyholder. However, most courts (including Travelers Cas. & Sur. v. Netherlands, cited above) recognize that the two are separate and distinct: WebMontrose v Admiral affected the principle of known loss and caused insurers to react with “Montrose Exclusion” endorsements. On Jan. 7, 2024, the California Supreme Court heard oral arguments in Montrose v. Superior Court, 14 Cal App. 5th 1306, 2024. The issue in the underlying continuous environmental contamination damage claim is whether the upper … WebMay 13, 2016 · The known-loss doctrine provides guidance for those situations where the insured has some knowledge of certain facts or circumstances relating to a claimed loss that have occurred and are continuing, or may have occurred at the time that the insurance policy was purchased. Under the known-loss doctrine, if an insured knows or has reason … prince public school login