News & Analysis as of

Third-Party Insureds

White and Williams LLP

First-Dollar Risk Allocated to the Insured Is Not Subject to the Made Whole Doctrine

White and Williams LLP on

Pursuant to the equitable made whole doctrine, where there are limited funds available, an insurer cannot pursue subrogation until the insured has been made whole – i.e., fully compensated – for its injuries. In City of...more

Cozen O'Connor

California Statute Trumps Anti-Assignment Clauses in Liability Insurance Policies

Cozen O'Connor on

In a unanimous decision that will have a serious impact on long-tail exposures, the California Supreme Court in Fluor Corp. v. Superior Court (Hartford Acc. & Indem.) has determined that policyholders may transfer liability...more

Proskauer - Insurance Recovery & Counseling

California Supreme Court Limits Enforceability of Anti-Assignment Clauses

In a unanimous decision handed down by the California Supreme Court on August 20, 2015 in Fluor Corporation v. Superior Court, the court removed a significant obstacle facing companies that want to assign their interests in a...more

Proskauer - Insurance Recovery & Counseling

Montana Joins Majority of Courts Holding That Insurers Must Establish Prejudice to Disclaim Coverage Based on an Insured’s Late...

Joining a majority of states that have addressed the issue, the Montana Supreme Court recently held that “an insurer who does not receive timely notice required by the terms of an insurance policy must demonstrate prejudice...more

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