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MTR. OF OLD REPUBLIC INS. CO. v. THACHER

12 N.Y.2d 48 (1962)

In the Matter of Old Republic Life Insurance Company, Respondent, v. Thomas Thacher, as Superintendent of Insurance of the State of New York, Appellant.

Court of Appeals of the State of New York.

Decided November 1, 1962.

Attorney(s) appearing for the Case

Louis J. Lefkowitz, Attorney-General (Samuel A. Hirshowitz of counsel), for appellant.

John P. McGrath and Denis B. Sullivan for respondent.

Chief Judge DESMOND and Judges DYE, FULD, VAN VOORHIS, BURKE and FOSTER concur.

FROESSEL, J.

This is an appeal by the Superintendent of Insurance from an order of the Appellate Division, annulling his determination, by which he levied $13,000 in civil penalties upon respondent for its willful violations of sections 154 (subd. 7) and 204 (subd. 1, par. [c]) of the Insurance Law. The violations charged were the issuance of 13 policies of group credit life insurance without appellant's approval...

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