on January 7, 2019
In Secura Insurance v. Lyme St. Croix Forest Company, LLC, No. 2016AP299 (Oct. 30, 2018), the Wisconsin Supreme Court determined the number of occurrences arising from a large forest fire that took place in May of 2013. The fire in question allegedly began in a piece of logging equipment and quickly spread to an adjacent grass pile and eventually the surrounding forest...
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on September 25, 2018
Policyholders and their insurers have long disputed whether a policyholder can assign rights under an insurance policy to third-parties based on the following pro-vision:
Assignment. Assignment of interest under this policy shall not bind [the insurer] until its consent is endorsed hereon.
This so called "anti-assignment clause" is typically found in standard form general liability and property policies, and insurers claim that it limits a policyholder's right to assignment:...
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