Insurance Law Alert, March 2011
This Alert addresses decisions relating to interpretation of a pollution exclusion, an insurance broker’s duty to disclose its compensation under New York common law, the annualization of aggregate limits under a multi-year excess policy, and the nontransferability of insurance coverage to a successor property owner by “operation of law.” It also discusses several important rulings related to discovery, including two decisions interpreting the Freedom of Information Act and a ruling addressing the scope of the “common interest” privilege. We hope you will continue to turn to the Alert for the latest developments in insurance and reinsurance law.