September 28, 2010

Insurance Law.

Practice point: Noncompliance with a notice condition relieves the insurer of its obligation under the contract.

Students should note that a 60-day delay, without an excuse, violates the notice condition as a matter of law.

Case: Hermany Farms, Inc. v. Seneca Ins. Co., Inc., NY Slip Op 06607 (1st Dept. 2010)

Here is the opinion.

Tomorrow's issue: Contracts.