Wednesday, February 1, 2017

Insurance Policy’s Anti-Assignment Clause Does Not Bar Assignment of Post-Loss Claim

Givaudan Fragrances Corp. v. Aetna Cas. & Surety Co., ___ N.J. ___ (2017).  Today’s opinion by Justice LaVecchia, a 6-0 ruling (Justice Albin did not participate) aligned New Jersey with the majority of jurisdictions on an issue of insurance law.  As the first sentence of the opinion states, the issue was “whether this state adheres […]

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