What Does Lamb Weston Rule Mean?

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What does Lamb Weston Rule mean? Read on to discover the definition & meaning of the term Lamb Weston Rule - to help you better understand the language used in insurance policies.

Lamb Weston Rule

Lamb Weston Rule

A rule for apportioning coverage among multiple applicable policies that imposes pro rata sharing of covered losses, regardless of the policies' "other insurance" provisions. Lamb-Weston, Inc. v. Oregon Auto. Ins. Co., 219 Or. 110, 341 P.2d 110 (Or. S. Ct. 1959).

We hope the you have a better understanding of the meaning of Lamb Weston Rule.

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