Legal Opinion
Reed v. Federal Insurance
New York Court of Appeals
Decided April 26, 1988PublishedCited by 20 opinions
1Opinion of the Court
OPINION OF THE COURT
Kaye, J.
The innocent owner of property destroyed by fire is not barred from recovery, under the terms of insurance policies unqualifiedly naming her as an insured, even though the property was transferred to her through her father without consideration when she was 18 years old and her father, the named coinsured, independently caused the fire. Moreover, the insurers here have no right to offset against liability to their insured the amounts they previously paid to the mortgagee under a standard mortgagee clause. The insurers’ own conduct in acquiring title to the…
2Cases cited15 opinions
- Krupp v. Aetna Life & Casualty Co.Appellate Division of the Supreme Court of the State of New York · 1984
- Howell v. Ohio Casualty Ins. Co.New Jersey Superior Court Appellate Division · 1974
- Hoyt v. New Hampshire Fire InsuranceSupreme Court of New Hampshire · 1942
- Syracuse Savings Bank v. Yorkshire InsuranceNew York Court of Appeals · 1950
- Grady v. Utica Mutual InsuranceAppellate Division of the Supreme Court of the State of New York · 1979
10 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- Sun Insurance v. Hercules Securities Unlimited, Inc.Appellate Division of the Supreme Court of the State of New York · 1993
- Lane v. Security Mutual InsuranceNew York Court of Appeals · 2001
- J. Aron & Co. v. ChownAppellate Division of the Supreme Court of the State of New York · 1996
- Home Insurance of Indiana v. KarantonisAppellate Division of the Supreme Court of the State of New York · 1989
- Goldner v. Kemper InsuranceAppellate Division of the Supreme Court of the State of New York · 1989
15 more not listed; retrieve them via the Exa API.