News & Events > News > Think Twice Before Accepting an Assignment of Insurance Rights - Anti-Assignment Provisions may be Enforced in Oregon
Think Twice Before Accepting an Assignment of Insurance Rights - Anti-Assignment Provisions may be Enforced in Oregon
4.16.2007
The Oregon Supreme Court recently found in Holloway v. Republic Indemnity Company of America that a standard anti-assignment provision in a liability insurance policy barred an insured from assigning policy rights after a loss.This decision is a departure from the law in many other states, and may have a significant impact on the way that insured claims are settled in Oregon.