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Corporate Successorship: What You Don't Know Could Cost You

A corporate successor's right to coverage under a predecessor's policy is not a foregone conclusion. Here's why.

39 minute read November 26, 2013 at 08:05 AM
By
Jennifer R. Devery And Rachel Gart
Corporate Successorship: What You Don't Know Could Cost You

In today's increasingly complex and fluid corporate world, insurers are routinely presented with claims from companies with no apparent connection to the insured named in the policy. These heretofore unknown companies nevertheless claim to be corporate successors to the original insured, and demand coverage under the policy.

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