Legal Opinion
Val Drugs, Inc. v. Lynn
District Court, W.D. New York
Decided June 24, 1975No. Civ-1973-310PublishedCited by 5 opinions
1Opinion of the Court
CURTIN, Chief Judge.
This action was brought for payment under a policy of burglary insurance issued under the Federal Crime Insurance Program, 12 U.S.C. § 1749bbb-10a et seq. Plaintiff operates a drugstore in a shopping plaza in West Seneca, New York. Because that store had been repeatedly burglarized, it. was impossible for plaintiff to obtain insurance coverage except at very high rates.
The Federal Crime Insurance Program was established by Congress to make available burglary insurance for residences and businesses which for a number of reasons were otherwise undesirable as risks to the…
2Cases cited4 opinions
- Hartford Life Annuity Insurance v. UnsellSupreme Court of the United States · 1892
- Reliance Insurance Company v. The Yacht Escapade Ex the Thor II Etc., Reliance Insurance Company v. Howard BondCourt of Appeals for the Fifth Circuit · 1960
- Home Ins. Co. v. Ciconett. Ciconett v. Home Ins. CoCourt of Appeals for the Sixth Circuit · 1950
- Phoenix Insurance Company v. Ross Jewelers, Inc.Court of Appeals for the Fifth Circuit · 1966
3Cited by5 opinions
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- Scali, McCabe, Sloves, Inc. v. North River InsuranceDistrict Court, S.D. New York · 1981
- SI Meat Village, Inc. v. AmGuard Insurance Co.District Court, E.D. New York · 2016
- Trend Export Funding Corp. v. Foreign Credit InsuranceDistrict Court, S.D. New York · 1987
- Haber v. Bankers Standard Insurance CoDistrict Court, D. Connecticut · 2019