Legal Opinion
First Savings and Loan Ass'n v. American Home Assurance Co.
New York Court of Appeals
Decided November 24, 1971PublishedCited by 17 opinions
1Opinion of the CourtJasen, J.
The plaintiff, First Savings and Loan Association of Jersey City, New Jersey, holds a mortgage upon certain premises covered by an insurance policy issued by the defendant, American Home Assurance Company, and asserts its right to insurance proceeds by virtue of the standard mortgagee' clause contained in the policy. The owner of the premises procured an insurance policy, D7539681, from the defendant insurance company in the amount of $7,000 and paid the premium of *299$140 for a one-year term commencing on July 19,1968. Effective October 21, 1968, an endorsement was added to the policy reciting,…
2Cases cited5 opinions
- Rhine v. New York Life InsuranceNew York Court of Appeals · 1936
- Ming v. . CorbinNew York Court of Appeals · 1894
- Donley v. . Glens Falls Ins. Co.New York Court of Appeals · 1906
- Schuster v. . Dutchess County Ins. Co.New York Court of Appeals · 1886
- Metzger v. Ætna InsuranceAppellate Division of the Supreme Court of the State of New York · 1930
3Cited by17 opinions
- Atlantic Mutual Insurance v. Balfour MacLaine International Ltd.Court of Appeals for the Second Circuit · 1996
- Dynamics Corp. of America v. International Harvester Co.District Court, S.D. New York · 1977
- In Re Balfour MacLaine International Limited, Debtor. Atlantic Mutual Insurance Company v. Balfour MacLaine International Limited Van Ekris & Stoett Inc. Amro Bank Bank Brussels Lambert, S.A. Banque Indosuez Bsi-Banca Della Svizzera Italiana, Insurance Company of North America v. Armenia Coffee Corporation, Rafael Espinosa & Hnos., Bankers Trust Company, National Westminster Bank, American Express Bank Ltd., Chase Manhattan Bank, N.A., French American Banking Corp., Chemical Bank, First Fidelity Bank, New Jersey, Pbtc International Bank, Credit Agricole Cnca, Baii Banking CorporationCourt of Appeals for the First Circuit · 1996
- Calyon New York Branch v. American Home Mortgage Corp. (In Re American Home Mortgage, Inc.)United States Bankruptcy Court, D. Delaware · 2008
- Dresdner Bank AG. v. Morse/Diesel, Inc.Appellate Division of the Supreme Court of the State of New York · 1986
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