A Case of Interest: 'Chen' Clarifies Insurance Coverage Issue
'Chen' clarified insurance coverage for pre- and post-judgment interest obligations under primary and excess policies. However, a broader takeaway may be the increasing importance of the meaning "follow form" wording in excess policies, especially as more claims have values which exceed primary limits.
January 04, 2021 at 11:00 AM
6 minute read
Jin Ming Chen v. Ins. Co. of the State of Pa., 2020 LEXIS 2640, issued by a divided New York Court of Appeals on Nov. 24, 2020, is literally and figuratively a case of interest.
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