Frank Knauss, Inc. v. Indemnity Insurance Co. of North America

The plaintiff has recovered a judgment upon insurance written by the defendant indemnifying it against loss from liability for injury to property “ excluding property owned, leased, occupied or used by, or in the care, custody or control of the assured, or of any of his employees.” The loss sued upon is the amount of certain judgments rendered against the plaintiff (at that time named Washington Bulkley, Inc.), in the District Court for the Eastern District of New York, affirmed by the Circuit Court of Appeals. (Goodwin-Gallagher Sand & Gravel Corp. v. Washington Bulkley, Inc., 31 Fed: Rep.…