In Matter of Petition of Featherfall Restoration

In the Matter of the Petition of Featherfall Restoration, LLC, No. 17, September Term, 2024. Opinion by Gould, J. INSURANCE POLICIES ‒ CHOSE IN ACTION ‒ POST-LOSS ASSIGNMENTS – ANTI-ASSIGNMENT CLAUSE The Supreme Court of Maryland held that a post-loss claim for money payments under a policy is a chose in action, and, therefore, an assignable property right separate from the policy itself. Therefore, an insurance policy’s anti-assignment clause prohibiting assignments of “this policy” does not bar an assignment of a single post-loss claim under the policy. Circuit Court for Baltimore City Case…