Anjay Corp. v. Those Certain Underwriters

Order, Supreme Court, New York County (Carol Edmead, J.), entered December 23, 2004, which granted defendants’ motion for summary judgment dismissing the complaint, unanimously reversed, on the law, with costs, the motion denied and the complaint reinstated.

Plaintiffs, entities engaged in the business of manufacturing jewelry, own and operate a facility in Mexico where they manufacture jewelry from gold and diamonds. Defendants insurers issued to plaintiffs a jewelers’ block policy of insurance that insured against loss or damage to plaintiffs’ jewelry stock. The policy was not an all-risk…