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C.I.T. FIN. CORP. v. HARTFORD FIRE INS. CO.

41 A.D.2d 529 (1973)

C.I.T. Financial Corporation, Respondent, v. Hartford Fire Insurance Company, Appellant

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

January 29, 1973

Appellant shall recover of respondent $60 costs and disbursements of this appeal. Plaintiff brought this action to recover on a policy of insurance issued by defendant which provided that any loss thereunder was payable as interest may appear to the named insured and to "C.I.T. Corp." Plaintiff is alleged to be a wholly owned subsidiary of C.I.T. Corporation. The litigated issue below was whether a "loss payee as interest may appear...

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