Year:
2004
Court:
Ohio Supreme Court
Case Number:
2005-0378
Issue:
- Liability insurance follows liability by operation of law
State:
- Ohio
Relying on the majority rule, UP supported the argument that a corporate policyholder is entitled to a defense and indemnity for pre-acquisition liabilities because liability insurance coverage follows the alleged liability by operation of law. The majority of courts have held that anti-assignment clauses do…