Legal Opinion
In Re the Arbitration Between Steck & State Farm Insurance
New York Court of Appeals
Decided April 25, 1996PublishedCited by 4 opinions
1Opinion of the Court
OPINION OF THE COURT
Memorandum.
The order of the Appellate Division should be reversed, with costs, and the petition to stay arbitration denied.
On August 18, 1992, appellant, while driving a vehicle, was seriously injured in an automobile accident. He recovered $300,000 to settle the claim, the maximum coverage of the tortfeasor driver’s insurance policy. Appellant possessed automobile coverage with respondent State Farm Insurance Company, with liability coverage limits of $100,000/$300,000 and underinsurance coverage of $100,000. Respondent denied appellant’s claim for underinsurance…
2Cases cited1 opinion
- In re the Arbitration between Matarasso & Continental Casualty Co.New York Court of Appeals · 1982
3Cited by4 opinions
- Commerce & Industry Insurance v. NesterNew York Court of Appeals · 1997
- Nationwide Insurance v. SinghAppellate Division of the Supreme Court of the State of New York · 2004
- State-Wide Insurance v. RoweAppellate Division of the Supreme Court of the State of New York · 1996
- Kahan Jewelry Corp. v. Venus Casting, Inc.New York Supreme Court · 2007