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8. Company H is insured under a CGL policy with occurrence and aggregate limits of $1,200,000 each. Company H also has an umbrella policy
8. Company H is insured under a CGL policy with occurrence and aggregate limits of $1,200,000 each. Company H also has an umbrella policy with an each occurrence limit of $1,000,000. The inception date of the CGL policy is January 1, and the inception date of the umbrella policy is April 1. Company H was sued in March and the CGL policy paid $900,000. Another two claims were made in May and July against Company H for $1,500,000 and $1,300,000 respectively. The umbrella policy will pay $
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