Amicus Library

Overly strong and incredibly broad interpretation of the anti-assignment language that the insurer was trying to invoke. Had the insurer’s interpretation been accepted, insurers could deny the transfer of any CGL policy to any successor in interest, a conclusion that would drastically affect the worth…

This case involves an insurance company’s effort to cut off the coverage/protection rights of one of its insureds based on a clause prohibiting assignments without the insurer’s consent. The insured is a construction company that paid substantial premiums to the insurance company in return for…