VAM Check Cashing v. Federal Insurance Company
Court of Appeals for the Second Circuit
1Opinion of the Court
GERARD E. LYNCH, Circuit Judge:
This case requires us to decide whether a particular criminal act constituted “robbery” within the meaning of a crime insurance policy. Because we agree with the district court that the policy is ambiguous and that the insured offers a reasonable interpretation of the policy permitting coverage, we conclude that the insurer is liable under the policy and therefore affirm the district court’s grant of summary judgment to the insured.
BACKGROUND
Plaintiff-appellee YAM Check Cashing Corp. (‘YAM” or “the insured”) operates a number of check cashing stores in the New…
2Cases cited19 opinions
- Hooper Associates Ltd. v. AGS Computers, Inc.New York Court of Appeals · 1989
- Lazard Freres & Co., Plaintiff-Counter-Defendant-Appellee v. Protective Life Insurance Company, Defendant-Counter-Claimant-AppellantCourt of Appeals for the Second Circuit · 1997
- Duane Reade Inc., Plaintiff-Counter-Defendant-Appellee v. St. Paul Fire and Marine Insurance Company, Defendant-Counter-Claimant-AppellantCourt of Appeals for the Second Circuit · 2005
- Hartol Products Corp. v. Prudential Insurance Co. of AmericaNew York Court of Appeals · 1943
- Belt Painting Corp. v. TIG InsuranceNew York Court of Appeals · 2003
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