Legal Opinion
In re the Liquidation of Consolidated Mutual Insurance
New York Court of Appeals
Decided June 30, 1983PublishedCited by 22 opinions
1Opinion of the Court
OPINION OF THE COURT
Meyer, J.
The determination of the Superintendent of Insurance that the Security Fund established by section 334 of the Insurance Law does not cover an insured’s claim against its insolvent liability insurer resulting from the insured’s contractual or common-law liability to indemnify a third party held responsible for injury to the insured’s employee is neither contrary to the clear wording of the Insurance Law nor unreasonable. The Appellate Division’s order, which upheld the superintendent’s determination, should, therefore, be affirmed.
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2Cases cited14 opinions
- Howard v. WymanNew York Court of Appeals · 1971
- Kurcsics v. Merchants Mutual InsuranceNew York Court of Appeals · 1980
- Graphic Arts Mutual Insurance v. Bakers Mutual InsuranceNew York Court of Appeals · 1978
- Breen v. Cunard Lines Steamship Co.New York Court of Appeals · 1974
- McKuskie v. . HendricksonNew York Court of Appeals · 1891
9 more not listed; retrieve them via the Exa API.
3Cited by22 opinions
- Methodist Hospital v. State Insurance FundNew York Court of Appeals · 1985
- In Re the Liquidation of Union Indemnity InsuranceNew York Court of Appeals · 1998
- Paramount Communications, Inc. v. Gibraltar Casualty Co.New York Court of Appeals · 1997
- Prince Carpentry, Inc. v. Cosmopolitan Mutual InsuranceNew York Supreme Court · 1984
- Snyder Tank Corp. v. Superintendent of InsuranceNew York Supreme Court · 1988
17 more not listed; retrieve them via the Exa API.