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Policyholders Demonstrating Third-Party Beneficiary Rights Granted Direct Access to Reinsurance Proceeds Under Facultative Contracts

On July 19, 2005, in a per curiam opinion, the Pennsylvania Supreme Court affirmed the Commonwealth Court's opinion in <i>Koken v. Legion Insurance Company</i>, which had been decided by Judge Mary Hannah Leavitt on June 26, 2003, <i>Koken v. Legion Insurance Company,</i> 831 A.2d 1196 (Pa. Commw. 2003), <i>aff'd,</i> 878 A.2d 51 (Pa. 2005).

14 minute read January 05, 2006 at 10:32 AM
By
John N. Ellison And Timothy P. Law
Policyholders Demonstrating Third-Party Beneficiary Rights Granted Direct Access to Reinsurance Proceeds Under Facultative Contracts

On July 19, 2005, in a per curiam opinion, the Pennsylvania Supreme Court affirmed the Commonwealth Court's opinion in Koken v. Legion Insurance Company, which had been decided by Judge Mary Hannah Leavitt on June 26, 2003, Koken v.

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