Insurance Coverage Alert - September 2016

News & Insights

Insurance Coverage Alert - September 2016

September 25, 2016

HIDDEN IN PLAIN SIGHT: NEW YORK HOLDING ON PHRASE IN ADDITIONAL INSURED ENDORSEMENT RESULTS IN FAILED CONSTRUCTION PROJECT RISK TRANSFER

The New York Appellate Division, First Department held in Gilbane Building Co. v. St. Paul Fire & Marine Ins. Co., et al., ___ N.Y.S.3d ___, 2016 WL 4837454 (1st Dep’t, Sept. 15, 2016) that only those parties that had directly contracted with the named insured qualified as additional insureds under the policy language at issue.

Attachment: Insurance Coverage Alert - September 2016