This Simpson Thacher & Bartlett LLP memorandum discusses a variety of rulings relating to minimum statutory requirements for property insurance under New York law, the transferability of certain insurance coverage rights despite an anti-assignment clause, the scope of advertising injury and the insurability of SEC disgorgement payments. It also addresses recent decisions relating to the consolidation of arbitrations, pro rata allocation of indemnity costs, the viability of contribution claims among insurers, and an insurer’s right to select defense counsel. Finally, it summarizes significant recent changes to federal statutory law governing jurisdiction and venue.