Preferred Display, Inc. v. Great Am. Ins. Co. of N.Y.

Stefan R. Underhill, United States District Judge

This case arises out of an insurance coverage dispute between Preferred Display, Inc. ("PDI"), and Great American Insurance Company of New York ("Great American"). The loss at issue resulted from a fire at PDI's premises, and Great American acknowledges that there is coverage for that loss. The parties' disagreement revolves around the amount payable for the loss pursuant to the terms of the Great American policy.

The principal issue raised by this case is whether the "Other Insurance" and "Coinsurance" clauses of the Great American policy…