HIDDEN IN PLAIN SIGHT: NEW YORK HOLDING ON PHRASE IN ADDITIONAL INSURED ENDORSEMENT RESULTS IN FAILED CONSTRUCTION PROJECT RISK TRANSFER
The New York Appellate Division, First Department held in Gilbane Building Co. v. St. Paul Fire & Marine Ins. Co., et al., ___ N.Y.S.3d ___, 2016 WL 4837454 (1st Dep’t, Sept. 15, 2016) that only those parties that had directly contracted with the named insured qualified as additional insureds under the policy language at issue.