Holz Rubber Co., Inc. v. American Star Ins. Co.

Opinion

SULLIVAN, J.

Plaintiffs (hereafter referred to collectively as “Holz”) brought this action against defendants American Star Insurance Company (Star) and United States Fidelity and Guaranty Company (U.S.F. & G.) and their agent Max Elson, doing business as Max Elson Insurance Company (Elson), seeking declaratory relief and money damages under two policies of fire insurance for the loss of plaintiffs’ stock due to fire. U.S.F. & G. and Star denied liability under the policies and cross-complained against their agent Elson and his associate Bill Joseph for indemnity. The case was tried to…