The United States Court of Appeals for the Third Circuit, applying Pennsylvania law, has held that, in order “for a contract to be considered a renewal, it must contain the same, or nearly the same, terms as the original contract.” Indian Harbor Ins. Co. v. F&M Equip., Ltd., 2015 WL 5973384 (3d. Cir. Oct. 15, 2015).
Continue Reading Third Circuit Holds That “Renewal” Policy Must Have “The Same, Or Nearly The Same, Terms” As Original Policy