IQ Originals, Inc. v. Boston Old Colony Insurance
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Lupiano, J.
Defendant insurer issued a policy of insurance covering “all risks of physical loss or damage to the insured property from any cause whatsoever” (emphasis supplied) to the plaintiff, a wholesaler of merchandise. The policy contains a clause limiting liability in pertinent part as follows: . “This company shall not be liable hereunder for more than A $20,000.00 in any one shipment, but not exceeding B $40,000.00 in any loss, disaster or casualty.” This limitation of liability clause was subsequently amended on consent to increase the respective “one shipment” and…
2Cases cited2 opinions
- Hartford Accident & Indemnity Co. v. WesolowskiNew York Court of Appeals · 1973
- Arthur A. Johnson Corp. v. Indemnity Insurance Co. of North AmericaNew York Court of Appeals · 1959
3Cited by8 opinions
- Atlantic Cement Co. v. Fidelity & Casualty Co.Appellate Division of the Supreme Court of the State of New York · 1983
- I Q Originals, Inc. v. Boston Old Colony InsuranceNew York Court of Appeals · 1982
- 45 Broadway Owner LLC v. Nysa-Ila Pension Trust FundAppellate Division of the Supreme Court of the State of New York · 2013
- Blue Water Realty, LLC v. Salon Mgt. of Great Neck, Corp.Appellate Division of the Supreme Court of the State of New York · 2020
- Blue Water Realty, LLC v. Salon Mgt. of Great Neck, Corp.Appellate Division of the Supreme Court of the State of New York · 2020
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