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You are here: Industry Insurance Insurance & Reinsurance Simpson Thacher: Insurance Law Alert, December 2012

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SimpsonThacherLogoInsurance Law Alert, December 2012

Simpson Thacher
December 11, 2012
15 pages

In this Issue:

  • Kentucky Supreme Court Rules That Anti-Assignment Clause Does Not Apply to Pre-Assignment Losses
  • Missouri Court Applies Pro Rata Allocation to Environmental Contamination Claims
  • Legislation Requiring Coverage for Faulty Construction Does Not Apply Retroactively, Says South Carolina Supreme Court
  • Policy Clause Prohibiting Policyholder from Admitting Liability is Against Public Policy, Says Illinois Appellate Court
  • Court Orders Production of Proof-of-Claim Materials in New York City Asbestos Litigation
  • Two Courts Allow Excess Insurers to Assert Legal Malpractice Claims Against Policyholder Defense Counsel
  • Subrogation Provision Does Not Entitle World Trade Center Leaseholders to Proceeds from Insurers’ Settlement with Airlines, Says New York Court
  • Policyholder’s Failure to Read Policy Does Not Preclude Negligence Claim Against Broker
  • Virginia Supreme Court Enforces Pollution Exclusion to Bar Coverage for Drywall-Related Claims
  • Navigating the Insurance Implications of Superstorm Sandy

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