Fidelity & Casualty Co. v. Codelle

This is an action for declaratory judgment submitted to the court upon an agreed statement of facts. The comprehensive personal liability policy in suit insured a two-family residence located at 1055 East 24th Street, Brooklyn, New York, which was designated under “ Item 1 ” of the policy as the “ principal residence premises ”. The pertinent provisions of the policy are: “ Item 4 (a) the principal residence premises designated in item 1 are the only premises where the named insured or spouse maintains a residence, other than business property and farms; (b) no business pursuits are conducted…