Brustein v. New Amsterdam Casualty Co.

Section 109 of the Insurance Law (Cons. Laws, ch. 28) is entitled: “ Standard Provisions for Liability Policies.” It contains certain provisions which must be included in a liability policy covering loss or damage caused by motor vehicles. The first provision is the familiar standard bankruptcy clause which gives the injured person a cause of action against the insurance carrier if the insured is bankrupt or insolvent, “ under the terms of the policy for the amount of the judgment * * * not exceeding,the amount of the policy.” The next provision relates to notice. Then comes the provision in…