Standard Premium Plan Corp. v. Wolf

Plaintiff brings on a motion for summary judgment in lieu of complaint pursuant to CPLR 3213 against an insurance broker on five separate ‘ ‘ Premium Finance Agreements ” prepared, printed and distributed by plaintiff, a licensed premium finance agency.

*523The plaintiff alleges that each of the agreements is a note made and delivered by an insured to his broker to finance the payment of his insurance premiums through plaintiff. The broker is the payee and the plaintiff finance agency, the holder. The insured has defaulted on the payment of each of the instruments and the finance agency now seeks…