Plaintiff Koblenz Jewelers, Inc., commenced this action to recover from defendant insurer under a jewelers block policy issued to it on June 29, 1979. Plaintiff claimed losses against defendant in the total amount of $164,000 resulting from two alleged armed robberies on January 12 and February 15, 1980. Defendant moved for summary judgment on the affirmative defenses that plaintiff willfully made material misrepresentations including inventory underevaluation in obtaining...
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