Knoll v. New York Property Insurance Underwriting Ass'n

OPINION OF THE COURT

Herman Cahn, J.

Defendant and interpleaded defendant, New York Property Insurance Underwriting Association (NYPIUA) issued a fire insurance policy covering 396 South 3rd Street, Brooklyn, on March 16, 1978. Said premises at the time were owned by plaintiffs Knoll and Weinberg. On June 13, 1978, the premises were damaged by fire. Plaintiffs Knoll and Weinberg retained the law firm of Weg Myers & Jacobson, P. C., the interpleading plaintiff (Weg Myers), to commence an action against NYPIUA to recover this loss pursuant to the fire insurance policy. By the terms of its…