CONN. GEN. LIFE INS. CO. v. SUPT. OF INS.


10 N.Y.2d 42 (1961)

Connecticut General Life Insurance Company, Appellant, v. Superintendent of Insurance of the State of New York, Respondent.

Court of Appeals of the State of New York.

Decided June 1, 1961.


Attorney(s) appearing for the Case

Thomas E. Dewey, Wilkie Bushby and John Mason Harding for appellant.

Louis J. Lefkowitz, Attorney-General (Irving Galt, Samuel A. Hirshowitz, George K. Bernstein and Philip Weinberg of counsel), for respondent.

Judges FULD, FROESSEL and VAN VOORHIS concur with Judge FOSTER; Chief Judge DESMOND dissents in an opinion in which Judges DYE and BURKE concur.


FOSTER, J.

We are asked to determine whether or not sections 42 (subd. 3) and 193 (subd. 2) of the New York Insurance Law should be construed to prohibit appellant, an out-of-State life insurance company licensed in New York, from acquiring a controlling stock interest in a company doing a fire or casualty insurance business, and, if so construed, whether those sections would deny appellant equal protection of...

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