Technology Insurance v. Countrywide Insurance

Order, Supreme Court, New York County (Geoffrey D. Wright, J.), entered on or about August 27, 2014, which granted petitioner’s motion to confirm an arbitration award, and denied respondent’s cross motion to dismiss the petition, unanimously affirmed, without costs.

The arbitration award is supported by the “reasonable hypothesis,” drawn from petitioner’s unrefuted evidence and the reasonable inferences arising therefrom, that the vehicle insured by petitioner was used principally for the transportation of persons for hire, and therefore satisfied the threshold requirements of Insurance Law §…