Woods Patchogue Corp. v. Franklin National Insurance

This appears to be a case of first impression in New York. The narrow question it raises is whether the insured under an all-risk “Jewelers’ Block Policy” (hereinafter called the block policy) is entitled to the protections afforded by the standard fire insurance policy of the State of New York (hereinafter called the standard fire policy), where his loss occurred through fire. The question arises because the policy in suit was not written in the statutory form of the standard fire policy. The proposal (or application) for the policy, executed by the insured (a retail jeweler), and…