American Surety Co. v. Gerold
Appellate Division of the Supreme Court of the State of New York
1Opinion of the CourtUntermyer, J.
The plaintiff had issued to Dean, Onativia & Co., a firm of stockbrokers, bonds or policies insuring against loss by theft. These policies contained the following provision: “ In case of recovery, whether made by the Insured or the Underwriter, on account of any loss hereunder, from any source other than insurance or suretyship, the net amount of such recovery, less the actual costs and expenses of making same, shall be applied to reimburse the Insured in full for such loss, and the excess, if any, shall be paid to the Underwriter, and the Insured shall execute all necessary papers to secure…
2Cases cited7 opinions
- United States Fidelity & Guaranty Co. v. Union Bank & Trust Co.Court of Appeals for the Sixth Circuit · 1915
- McGrath v. . Carnegie Trust Co.New York Court of Appeals · 1917
- Hanlon v. Union Bank of MedinaNew York Court of Appeals · 1928
- Costello v. . N.Y.C. H.R.R.R. Co.New York Court of Appeals · 1924
- Northwestern Fire & Marine Insurance v. Fred T. Ley & Co.Appellate Division of the Supreme Court of the State of New York · 1933
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3Cited by9 opinions
- Winkelmann v. Excelsior InsuranceNew York Court of Appeals · 1995
- Federal Insurance v. Arthur Andersen & Co.New York Court of Appeals · 1990
- Pandora Industries, Inc. v. Paramount Communications Inc. (In Re Wingspread Corp.)District Court, S.D. New York · 1992
- Glens Falls Insurance v. WoodNew York Court of Appeals · 1960
- Washington Assurance Co. v. DuncanNew York Supreme Court · 1955
4 more not listed; retrieve them via the Exa API.