Legal Opinion
Ferraiolo v. Commonwealth Insurance
Appellate Terms of the Supreme Court of New York
Decided February 18, 1964PublishedCited by 2 opinions
1Per curiam
The fire insurance policy here involved described the insured as the “ Estate of Giovanni Ferraiolo ”. It is undisputed that the individual plaintiffs who were the children and heirs at law of said Giovanni Ferraiolo, who had died intestate, were the owners of the real property at the time of the issuance of the said policy. Upon the subsequent sale of the property, and while the policy was still in effect, plaintiffs took back a purchase-money mortgage in their individual names. Whatever insurable interest they originally had continued to the extent of their purchase-money mortgage (Ardon…
2Cases cited5 opinions
- Weed v. Hamburg—Bremen Fire InsuranceNew York Court of Appeals · 1892
- Ardon Construction Corp. v. Firemen's Insurance Co. of Newark, N. J.New York Supreme Court · 1959
- Heilbrunn v. German Alliance InsuranceAppellate Division of the Supreme Court of the State of New York · 1912
- McKay v. National Union Fire Insurance Co.Supreme Court of Minnesota · 1931
- Washington Assurance Co. v. DuncanNew York Supreme Court · 1955
3Cited by2 opinions
- Simpson v. MILLERS NATIONAL INSURANCE COMPANYSupreme Court of Colorado · 1971
- American Equitable Assurance Co. v. Pioneer Cooperative Fire InsuranceSupreme Court of Rhode Island · 1966