MTR. OF OLD REPUBLIC INS. v. THACHER


16 A.D.2d 77 (1962)

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

Appellate Division of the Supreme Court of the State of New York, Third Department.

March 13, 1962.


Attorney(s) appearing for the Case

Hodges, Reavis, McGrath & Downey (John P. McGrath and Denis B. Sullivan of counsel), for petitioner.

Louis J. Lefkowitz, Attorney-General (Samuel A. Hirshowitz and Paxton Blair of counsel), for respondent.

BERGAN, P. J., COON, HERLIHY, REYNOLDS and TAYLOR, JJ., concur.


Per Curiam.

Between March 1, 1959 and March 15, 1960 the petitioner Old Republic Life Insurance Company issued 13 credit life insurance policies which the Superintendent of Insurance has held to be in violation of statute; and a penalty of $1,000 for each of the 13 policies thus issued has been imposed by the Superintendent on the petitioner in pursuance of section 225 of the Insurance Law.

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