Legal Opinion

Panasia Estates, Inc. v. Hudson Insurance

New York Court of Appeals

Decided February 19, 2008PublishedCited by 65 opinions

1Opinion of the Court

OPINION OF THE COURT

Pigott, J.

Panasia Estates is the owner of commercial rental property located at 33 West 19th Street in Manhattan. Panasia had a commercial property insurance policy with Hudson Insurance Company, which included “Builders’ Risk Coverage,” covering damage to its property while undergoing renovation. During the policy period, the roof of its building was opened in order to perform construction work. Inclement weather caused rain to enter the building through the roof opening, resulting in extensive damage to the property.*

Shortly after the occurrence, Panasia claimed it…

2Cases cited3 opinions

  1. Bi-Economy Market, Inc. v. Harleysville InsuranceNew York Court of Appeals · 2008
  2. Kenford Co. v. County of ErieNew York Court of Appeals · 1989
  3. Acquista v. New York Life InsuranceAppellate Division of the Supreme Court of the State of New York · 2001

3Cited by65 opinions

  1. Gutierrez v. Government Employees InsuranceAppellate Division of the Supreme Court of the State of New York · 2016
  2. Egan Marine Corp. v. Great American InsuranceCourt of Appeals for the Seventh Circuit · 2011
  3. Brown v. Government Employees Insurance Co.Appellate Division of the Supreme Court of the State of New York · 2017
  4. Endemann v. Liberty Ins. Corp.District Court, N.D. New York · 2019
  5. Empire State Building Co. v. New York Skyline, Inc. (In Re New York Skyline, Inc.)United States Bankruptcy Court, S.D. New York · 2012

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