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Oklahoma
CHOICE OF LAW
Choice of Law | Admission of Extrinsic Evidence | Insurer Allocation | Pre-Tender Fees | Statute of Limitations |
---|---|---|---|---|
Lex loci contractus | Facts known, knowable, or available to the insurer | Not Addressed | Not Addressed | 5 years |
Bohannon v. Allstate, 820 P.2d 787, 793 (Okla. 1991) | First Bank of Turley v. Fidelity & Deposit Ins. Co. of Md., 928 P.2d 298, 305 (Okla. 1996) Scottsdale Ins. Co. v. Owl Nite Sec., Inc., No. 06-CV-0097-CVE-SAJ, 2006 WL 3742102, at *3–4 (N.D. Okla. Dec. 15, 2006) (“Under Oklahoma law, the duty to defend is separate from and broader than the duty to indemnify. … An insurer ‘must defend an action in which damages that are potentially within the policy's coverage are sought, even though coverage may ultimately not be afforded.’ [First Bank of Turley v. Fid. & Deposit Ins. Co. of Md., 928 P.2d 298, 304 n.16] (emphasis in original); see also Montrose Chem. Corp. of Cal. v. Superior Court, 861 P.2d 1153, 1160 (Cal. 1993); CNA Cas. of Cal. v. Seaboard Sur. Co., 222 Cal.Rptr. 276, 278–79 (Cal. Ct. App. 1986). There need only be a possibility of recovery, not a probability of recovery. First Bank of Turley, 928 P.2d at n.14.”) | (12 Okl. St. § 95) |
Pre-Judgment Interest | Late Notice | Public Policy Bar | Independent Counsel | Atty's Fees/Decl. Relief Action |
---|---|---|---|---|
15% | Notice-prejudice | Bar to indemnity and defense | Right to independent counsel if conflict is strong enough | Recoverable only if bad faith |
(12 Okl. St. § 727) | Baldridge v. Kirkpatrick, 63 P.3d 568, 570-71 (Okla. Ct. App. 2002) | Safeco Ins. Co. of Am. v. Sanders, 803 P.2d 688, 695 (Okla. 1990) | Nisson v. American Home Assur. Co., 917 P.2d 488, 490-91 (Okla. Ct. App. 1996) | Barnes v. Oklahoma Farm Bureau Mut. Ins. Co., 11 P.3d 162, 180 (Okla. 2000) |
The court, analyzing coverage for a variety of claims, including trade secret misappropriation under a 1986 ISO policy provision, found a duty of defense properly arose and reaffirmed such opinion on a reconsideration motion brought by the insurer.