Aug. 19, 2022 – An anti-assignment clause did not prevent the assignment of insurance rights from the company that purchased an insurance policy to a successor company, the Wisconsin Court of Appeals has ruled.In
Pepsi-Cola Metropolitan Bottling Company, Inc. v. Employers Insurance Company of Wausau, 2021AP635 (July 8, 2022), the Court of Appeals District II held (2-1) that anti-assignment provisions in the relevant insurance policies were void as against public policy.Judge Lori Kornblum wrote the majority opinion,
Continue Reading Post-loss Assignment of Insurance Rights Valid Despite Policy Clause