Insurance Law Alert, April 2011
This Alert addresses decisions relating to contingent business interruption coverage in the wake of natural disasters, the impact of “other insurance” clauses in two policies issued to a mutual insured, and the invalidity of a class action waiver in an arbitration clause. It also discusses rulings on subrogation, the non-transferability of insurance coverage, and coverage for CERCLA costs and faulty workmanship under general liability policies. This month, we also present a legal commentary regarding important insurance-related issues raised by a case currently on appeal to the Ohio Supreme Court concerning an attempt to “revive” a dissolved corporation for purposes of accessing alleged insurance coverage. We hope you will continue to turn to the Alert for the latest developments in insurance and reinsurance law.