Legal Opinion
Il Cambio, Inc. v. U.S. Fidelity & Guaranty Co.
Appellate Division of the Supreme Court of the State of New York
Decided March 29, 2011PublishedCited by 3 opinions
1Opinion of the Court
Plaintiffs are precluded from obtaining reimbursement on a *651replacement cost claim since they “failed to satisfy the condition precedent of rebuilding” (DeLorenzo v Bac Agency, 256 AD2d 906, 907 [1998]; see D.R. Watson Holdings, LLC v Caliber One Indem. Co., 15 AD3d 969 [2005], lv dismissed 5 NY3d 842 [2005]; Alpha Auto Brokers v Continental Ins. Co., 286 AD2d 309, 310 [2001]). Plaintiffs have the burden of proving that the alleged loss is covered under the policy (see Moleon v Kreisler Borg Florman Gen. Constr. Co., 304 AD2d 337, 339 [2003]), and the record establishes that there is no…
2Cases cited8 opinions
- Moleon v. Kreisler Borg Florman General Construction Co.Appellate Division of the Supreme Court of the State of New York · 2003
- Costello v. Allstate InsuranceAppellate Division of the Supreme Court of the State of New York · 1996
- DeLorenzo v. Bac Agency, Inc.Appellate Division of the Supreme Court of the State of New York · 1998
- Oates v. MarinoAppellate Division of the Supreme Court of the State of New York · 1984
- New Medico Associates, Inc. v. Empire Blue Cross & Blue ShieldAppellate Division of the Supreme Court of the State of New York · 1999
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3Cited by3 opinions
- Executive Plaza, LLC v. Peerless InsuranceCourt of Appeals for the Second Circuit · 2013
- Vaccaro v. New York Central Mutual Fire InsuranceAppellate Division of the Supreme Court of the State of New York · 2014
- Vaccaro v. New York Central Mutual Fire InsuranceAppellate Division of the Supreme Court of the State of New York · 2014