Insurance 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


































