VILLAGE NORTHRIDGE HOMEOWNERS ASS'N v. STATE FARM AND CAS. CO.

No. B188718.

69 Cal.Rptr.3d 551 (2007)

157 Cal.App.4th 1416

VILLAGE NORTHRIDGE HOMEOWNERS ASSOCIATION, Plaintiff and Appellant, v. STATE FARM FIRE AND CASUALTY COMPANY, Defendant and Respondent.

Court of Appeal of California, Second District, Division Eight.

December 17, 2007.


Attorney(s) appearing for the Case

Engstrom, Lipscomb & Lack, Jerry A. Ramsey, Brian J. Heffernan and Alexandra J. Thompson, Los Angeles, for Plaintiff and Appellant.

Robie & Matthai, James R. Robie, Kyle Kveton and Steven S. Fleischman, Los Angeles; LHB Pacific Law Partners and Clarke B. Holland, Emeryville; and Crandall, Wade & Lowe and Michael J. McGuire, Irvine, for Defendant and Respondent.


RUBIN, J.

SUMMARY

An insurer and its insured, a homeowners association, settled disputed claims arising from the Northridge earthquake, with the insurer paying $1.5 million and the insured releasing the insurer from all claims or causes of action it had or.may have arising out of its earthquake claim. Two years later, the association sued the insurer, and still later discovered the limits of its insurance policy were almost $7 million greater than had been...

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