Legal Opinion
Home Mutual Insurance v. Broadway Bank & Trust Co.
New York Court of Appeals
Decided October 22, 1981PublishedCited by 34 opinions
1Opinion of the Court
OPINION OF THE COURT
Jones, J.
A premium finance agency is under no duty to the insurer, under section 576 of the Banking Law, with respect to cancellation of an automobile liability insurance policy after default by the insured in payment to the agency of a premium installment, nor does its inaccurate representation to the insurer that the policy has been propery canceled impose on it any liability to the insurer for moneys paid in settlement of a policy claim arising out of an accident occurring after the date of the misrepresentation.
At the time of the events that give rise to this action…
2Cases cited10 opinions
- Palsgraf v. Long Island R.R. Co.New York Court of Appeals · 1928
- Glanzer v. . ShepardNew York Court of Appeals · 1922
- Pulka v. EdelmanNew York Court of Appeals · 1976
- White v. GuarenteNew York Court of Appeals · 1977
- International Products Co. v. Erie R.R. Co.New York Court of Appeals · 1927
5 more not listed; retrieve them via the Exa API.
3Cited by34 opinions
- prod.liab.rep.(cch)p 12,766 Paula Fane and Kjell Fane v. Zimmer, Inc.Court of Appeals for the Second Circuit · 1991
- Gutman v. Howard Savings BankDistrict Court, D. New Jersey · 1990
- Tompkins v. R.J. Reynolds Tobacco Co.District Court, N.D. New York · 2000
- Calamari v. GraceAppellate Division of the Supreme Court of the State of New York · 1983
- Rotanelli v. MaddenAppellate Division of the Supreme Court of the State of New York · 1991
29 more not listed; retrieve them via the Exa API.