Practice point: An insurer has no right of subrogation against its own insured for a claim arising from the very risk for which the insured was covered.
Students should note that a subcontractor's obligation to replace work it damages goes to potential liability and does not create an insurable interest in the entire building.
Case: St. Paul Fire v. FD Sprinkler, NY Slip Op 06755 (1st Dept. 2010)
Here is the decision.
Tuesday's issue: Torts.