Legal Opinion
Crump v. Unigard Insurance
New York Court of Appeals
Decided March 27, 2003PublishedCited by 9 opinions
1Opinion of the Court
OPINION OF THE COURT
Smith, J.
The issue in this case is whether the 1978 amendment to Banking Law § 576 abrogated the common-law rule that cancellation of an insurance contract becomes effective when it is received by the insurance company. We conclude that it did not. Because we hold that an insurance company must receive a notice of cancellation before such cancellation can become effective, we affirm the order of the Appellate Division.
In March 1996, Unigard Insurance Company issued and delivered an insurance policy to Prosper’s Trucking, Inc., covering Prosper’s business vehicles for the…
2Cases cited1 opinion
- Boston Old Colony Insurance v. Liberty Mutual InsuranceNew York Supreme Court · 1983
3Cited by9 opinions
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- Local Government Assistance Corp. v. Sales Tax Asset Receivable Corp.Appellate Division of the Supreme Court of the State of New York · 2004
- Trojcak v. Valiant Millwrighting & Warehousing, Inc.Appellate Division of the Supreme Court of the State of New York · 2005
- Deerbrook Insurance v. McGregorAppellate Division of the Supreme Court of the State of New York · 2005
- Gotkin v. Allstate InsuranceAppellate Division of the Supreme Court of the State of New York · 2016
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