Opinion ID: 425209
Heading Depth: 1
Heading Rank: 2

Heading: limit of liability

Text: 42 Underwriters hereon shall only be liable for the Ultimate Net Loss the excess of either 43 (a) the limits of the underlying insurances [INA and Lloyd's] ... in respect of each occurrence covered by said underlying insurances; 44 or (b) $25,000.00 Ultimate Net Loss in respect of each occurrence not covered by said underlying insurances, ... 45 and then only up to a further sum [of $1,000,000] ... all in respect of each occurrence .... 46 This policy also contained the following exclusion: 47 D. SPECIAL CONDITIONS APPLICABLE TO OCCUPATIONAL DISEASE 48 As regards personal injury (fatal or nonfatal) by occupational disease sustained by any employee of the Assured, this Insurance is subject to the same warranties, terms and conditions ... as are contained in or as may be added to the Underlying Insurances prior to the happening of an occurrence for which claim is made hereunder. 49 On May 7, 1981, after hearing oral argument and considering the parties' briefs, the district court granted Lloyd's and Harbor's motion for summary judgment. The court held that the thirty-six-month exclusion provision of the INA policy was validly incorporated by reference into the excess policies, thereby rejecting Land & Marine's argument that such incorporation, which the Louisiana Supreme Court's 1976 decision in Spain v. Travelers Insurance Company, 332 So.2d 827 (La.1976), had held violative of LSA-R.S. 22:628, was not validated by a subsequent 1976 legislative amendment of that statute overruling the Spain decision. 50 Thereafter, the district court rendered a final judgment, pursuant to Rule 54(b) for Lloyd's and Harbor. Subsequently, on September 24, 1981, the district court also rendered a final judgment, pursuant to Rule 54(b), for INA. Land & Marine has brought this appeal from those judgments.