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MTR. OF B. & R. EXCESS CORP. v. THACHER

37 Misc.2d 307 (1962)

In the Matter of B. & R. Excess Corporation et al., Petitioners, v. Thomas Thacher, as Superintendent of Insurance of the State of New York, Respondent.

Supreme Court, Special Term, New York County.

October 31, 1962

Attorney(s) appearing for the Case

Abrams & Bleich (Henry H. Abrams, Joseph Bleich and Richard Jacker of counsel), for petitioners. Louis J. Lefkowitz, Attorney-General (Samuel A. Hirshowitz and Philip Weinberg of counsel), for respondent. Robert J. Malang for M. F. McDonald, Inc., amicus curiæ.

GEORGE TILZER, J.

Petitioners in this article 78 proceeding seek a determination vacating and annulling regulation No. 41 promulgated by respondent on August 23, 1962, effective October 1, 1962. Petitioners are "excess line" brokers, which may be defined as a person, firm or association authorized within certain restrictions to procure specified types of insurance policies from insurance companies which are...

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