( January 3, 2024, 10:50 AM EST) -- SAN FRANCISCO — A trial court erred in finding that an insured automotive products retailer, seeking coverage for underlying asbestos bodily injury lawsuits, is only entitled to payment of one policy limit under policies issued by two insurers because the policies, which were extended to provide coverage for more than a year, are ambiguous as to whether a new policy limit applied for the extended coverage and must be construed in the insured’s favor, the First District California Court of Appeal said in reversing a portion of the trial court’s ruling....