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Cyprus Bridge News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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Who's to Pay? Trade Contract Rather than Insurance Policy Controls Priority of Insurance Coverage under New York Law | K&L Gates LLP - Vimarsana News

Who's to Pay? Trade Contract Rather than Insurance Policy Controls Priority of Insurance Coverage under New York Law | K&L Gates LLP

On 5 October 2021, a three-judge panel of the United States Court of Appeals for the Second Circuit unanimously held that, under New York law, the indemnity agreement in a contract...

NY Law: Trade Contract, Not Insurance Policy Controls Priority - Vimarsana News

NY Law: Trade Contract, Not Insurance Policy Controls Priority

Second Circuit held under NY law, the indemnity agreement in a contract between a contractor and subcontractor governs the priority of coverage for the contractor as an additional insured on the subcontractor’s commercial general liability policy, not clause of the policy.