An anti-assignment provision in an insurance policy may prohibit the insured from assigning its rights under the policy. In my latest DJC article, I discuss a recent decision by the Oregon Court of Appeals, in which a claimant learned the hard way that Oregon courts will not hesitate to enforce an anti-assignment provision in an insurance policy to invalidate an insured’s assignment of its claim. Read the full article here.
“Buyer Beware: Oregon Courts Will Enforce Anti-Assignment Provisions in Insurance Policies” was originally published by the Daily Journal of Commerce on April 21, 2017.