The USLI umbrella policy states: “If you are legally liable to pay damages for a loss to which this insurance applies, we will pay your net loss in excess of the retained limit. … We are not, however, obligated to defend any claim or suit which is covered in whole or in part by other insurance available to you, whether or not designated as primary, excess or contingent; provided, however, this shall not apply to insurance written specifically as excess coverage over this policy.” A apólice define o limite retido como o maior dos limites mínimos subjacentes, o limite estabelecido no cronograma do seguro subjacente ou no limite real do seguro subjacente disponível para lesões ou danos, sem redução de custos de defesa, custos judiciais, despesas de investigação, juros ou outros custos.
