{"id":96,"date":"2013-09-05T15:31:45","date_gmt":"2013-09-05T19:31:45","guid":{"rendered":"http:\/\/blogs.duanemorris.com\/insurancelaw\/?p=96"},"modified":"2014-09-09T12:49:33","modified_gmt":"2014-09-09T16:49:33","slug":"ny-court-of-appeals-revisits-controversial-k2-decision","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/insurancelaw\/2013\/09\/05\/ny-court-of-appeals-revisits-controversial-k2-decision\/","title":{"rendered":"NY Court of Appeals Revisits Controversial K2 Decision"},"content":{"rendered":"<p>The New York State Court of Appeals (New York\u2019s highest court) has agreed to hear re-argument on <em>K2 Investment Group LLC v. American Guarantee &amp; Liability Insurance Company<\/em>, 2013 N.Y. LEXIS 1461 (N.Y. June 11, 2013). In <em>K2<\/em>, the Court held that a liability insurer that declined to provide a defense to its insured on the basis that the liability alleged was not covered might waive all policy defenses if it was later held that a defense should have been supplied.<\/p>\n<p><!--more--><\/p>\n<p>The grant of re-argument appears to be a recognition by the Court that it overlooked its prior holding in <em>Servidone Constr. Corp. v. Security Ins. Co.<\/em>, 64 N.Y.2d 419 (1985), that a Court cannot \u201c[enlarge] the bargained for coverage as a penalty for breach of the duty to defend.\u201d The decision in K2 markedly diverges from the rule pronounced by <em>Servidone<\/em> and the 30 years of following case law.<\/p>\n<p>It is expected that the decision to reconsider the<em> K2<\/em> ruling should result in a clarification presumably consistent with the holding in <em>Servidone<\/em>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The New York State Court of Appeals (New York\u2019s highest court) has agreed to hear re-argument on K2 Investment Group LLC v. American Guarantee &amp; Liability Insurance Company, 2013 N.Y. LEXIS 1461 (N.Y. June 11, 2013). In K2, the Court held that a liability insurer that declined to provide a defense to its insured on &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blogs.duanemorris.com\/insurancelaw\/2013\/09\/05\/ny-court-of-appeals-revisits-controversial-k2-decision\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;NY Court of Appeals Revisits Controversial K2 Decision&#8221;<\/span><\/a><\/p>\n","protected":false},"author":131,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[193,166,12,192,191],"ppma_author":[422],"class_list":["post-96","post","type-post","status-publish","format-standard","hentry","category-general","tag-american-guarantee","tag-carbin","tag-insurance","tag-k2","tag-new-york-court-of-appeals"],"authors":[{"term_id":422,"user_id":131,"is_guest":0,"slug":"jwcarbin","display_name":"James W. Carbin","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/21a2ff5618b55b2951a629f4e24eaae417ee304bf61f84c8c7f26f281271ec62?s=96&d=blank&r=g","author_category":"","last_name":"Carbin","first_name":"James W.","job_title":"","user_url":"http:\/\/www.duanemorris.com\/attorneys\/jameswcarbin.html","description":"<a href=\"http:\/\/www.duanemorris.com\/attorneys\/jameswcarbin.html\">Read James' bio.<\/a>"}],"_links":{"self":[{"href":"https:\/\/blogs.duanemorris.com\/insurancelaw\/wp-json\/wp\/v2\/posts\/96","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.duanemorris.com\/insurancelaw\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.duanemorris.com\/insurancelaw\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/insurancelaw\/wp-json\/wp\/v2\/users\/131"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/insurancelaw\/wp-json\/wp\/v2\/comments?post=96"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/insurancelaw\/wp-json\/wp\/v2\/posts\/96\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/insurancelaw\/wp-json\/wp\/v2\/media?parent=96"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/insurancelaw\/wp-json\/wp\/v2\/categories?post=96"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/insurancelaw\/wp-json\/wp\/v2\/tags?post=96"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/insurancelaw\/wp-json\/wp\/v2\/ppma_author?post=96"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}