BRITISH & FOREIGN MARINE INS. CO., LTD. v. STEWART


33 A.D.2d 1008 (1970)

British and Foreign Marine Insurance Company, Ltd., et al., Petitioners, v. Richard E. Stewart, as Superintendent of Insurance of The State of New York, Respondent

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

February 19, 1970


Determination by the Superintendent of Insurance dated April 1, 1969, unanimously annulled on the law without costs and without disbursements.

After an evidentiary statutory hearing the Superintendent held that petitioners in sending out 206 notices of cancellation of insurance policies on commercial properties located in the Harlem and Bedford-Stuyvesant areas of New York City violated subdivision 10 of section 40 of the Insurance Law which provides that no insurance...

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