Insurance Law Alert, March 2010
Attached please find this month’s edition of the Simpson Thacher Insurance Law Alert. The last few weeks have brought a string of important decisions of interest to insurers. This month’s Alert addresses the Supreme Court’s recent Hertz ruling, which defines a company’s “principal place of business” in a way that will likely limit plaintiffs’ efforts to sue out-of-state companies in local state courts. We also address a pollution exclusion decision permitting coverage for injuries arising from exposure to fumes; a decision in the global warming context excusing the insurer from any duty to defend; and the lack of consensus on the scope of “advertising injury” coverage for “fax blasting” claims, among other cases. We hope these Alerts help you to stay up to date on the ever-changing landscape of insurance law.