Legal Opinion
In re the Liquidation of Workmen's & Suffolk Mutual Insurance
New York Supreme Court
Decided October 4, 1972PublishedCited by 1 opinion
1Opinion of the CourtSamuel J. Silverman, J.
This is a motion to confirm the “ partial ” report of the Referee dated May 24,1972 with respect to deferring certain claims in a liquidation proceeding of a mutual casualty insurance company.
The basic issue on this motion is whether Class II claims by persons who paid premiums on nonassessable policies for a period beyond the date of declaration of insolvency should be treated on a parity with claims for losses insured against, or whether they should be deferred to such claims.
The Superintendent of Insurance as liquidator of the company filed a report which recommended that claims filed by…
2Cases cited6 opinions
- People v. Security Life Insurance & Annuity Co.New York Court of Appeals · 1879
- Mygatt v. . New York Protection Insurance CompanyNew York Court of Appeals · 1860
- Commonwealth v. Massachusetts Mutual Fire InsuranceMassachusetts Supreme Judicial Court · 1873
- Lawrence v. . NelsonNew York Court of Appeals · 1860
- Raegener v. WillardAppellate Division of the Supreme Court of the State of New York · 1899
1 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Kemper Reinsurance Co. v. CorcoranAppellate Division of the Supreme Court of the State of New York · 1991