Opinion ID: 170417
Heading Depth: 3
Heading Rank: 3

Heading: Demand under the policy.

Text: It was only after judgment that Fidelity learned of the Association’s liability policy with State Farm. Demand was made on the policy. State Farm retained counsel who entered an appearance in the case. State Farm provided counsel under a reservation of rights and with the stated purpose of analyzing the claim to see if there was potential coverage under the policy. State Farm quickly decided to deny coverage and instructed the lawyers to withdraw from the representation. The letter to the insured said that coverage was denied because of both the late notice and the independent determination that the claims against the insured were not covered. Chimera makes its claim under the policy in the instant action as assignee of the insured and of the judgment creditor of the insured. Chimera’s right to pursue the claim as assignee is not disputed in these proceedings. -4-