When Is a Policy Renewal Actually a Renewal?

    October 2015

    A recent United States Court of Appeals for the Third Circuit decision (in Indian Harbor Insurance Co. v. F&M Equipment) addressed the issue of whether an insurance policy renewal is actually a renewal or something else. When an insurer provides new terms and conditions for a policyholder’s soon-to-expire policy, is that a renewal or a cancellation and offer of a new contract? New York Partner Larry Schiffer takes a closer at the decision and what it means.

    You can read the article on the Law360 website (subscription required).