Try our Advanced Search for more refined results

Expert Analysis

Upholding Assignment Of Post-Loss Claims

Law360, New York ( March 15, 2017, 11:58 AM EDT) -- On Feb. 1, 2017, the New Jersey Supreme Court ruled in Givaudan Fragrances Corporation v. Aetna Casualty and Surety Company that anti-assignment clauses in insurance policies are void as applied to an insured's assignment of its right to coverage for claims relating to losses that have already occurred.[1] Givaudan represents a big win for insureds, as it confirms that post-loss claims have value and may be transferred, like any other chose in action, to third parties, who may have greater incentives and abilities to endure the protracted claims-adjustment process and to prosecute insurance claims....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections

Law Firms

Companies

Government Agencies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!