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What is Rateable Proportion in Liability Insurance about?

The plaintiffs and defendant both issued public liability insurance policies to a company, with different maximum liability limits. A claim was made against the company and settled, with the plaintiffs paying the full amount. The plaintiffs sought a half contribution from the defendant, arguing each insurer should contribute based on their independent liability if they were the sole insurer. The defendant argued contribution should be based on the proportion of each insurer

Author

kate

Language

EN