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Recent Court decisions.
From:
Journal of Risk and Insurance
| Date:
June 1, 2003| Author:
Stempel, Jeffrey W.
| COPYRIGHT 2003 American Risk and Insurance Association, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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ALL NAMED INSUREDS MUST RECEIVE ADEQUATE NOTICE OF CANCELLATION OR POLICY REMAINS IN EFFECT
Olivine Corporation v. United Capitol Insurance Co., 52 P.3d 494 (Washington Supreme Court--August 22,2002)
Olivine Corporation owned and operated a waste incineration site. In 1997, it executed a lease-purchase agreement with Clearwater Resource Recovery, Inc. Under the arrangement, Clearwater was to lease the facility and eventually acquire it as an owner-operator. Th...