Diamonds v. International Jewelers Underwriters Agency Ltd.

Order, Supreme Court, New York County (Anil C. Singh, J.), entered July 12, 2012, which, inter alia, granted defendants’ motions to dismiss the complaint, unanimously affirmed, with costs.

Plaintiff claims to have sustained a loss which it alleged would have been covered under an insurance policy issued by defendant Lexington Insurance Company (Lexington), which was cancelled prior to the date of loss. The policy was cancelled after plaintiff failed to pay its monthly premium pursuant to a premium financing agreement.

The policy issued by Lexington was cancelled in accordance with the request…