JOSEPH R. LORING & ASSOCS., INC. v. CONT'L CAS. CO.


56 N.Y.2d 848 (1982)

Joseph R. Loring & Associates, Inc., Appellant, v. Continental Casualty Company, Respondent, et al., Defendants.

Court of Appeals of the State of New York.

Decided June 8, 1982.


Attorney(s) appearing for the Case

Thomas F. De Soye and John J. Connolly for appellant.

William H. Morris and Gerald P. McMorrow for respondent.

Chief Judge COOKE and Judges JASEN, GABRIELLI, JONES, WACHTLER, FUCHSBERG and MEYER concur in memorandum.


MEMORANDUM.

The order of the Appellate Division should be affirmed, with costs, and the certified question answered in the affirmative.

Appellant contends that the reporting of a "potential claim" to the insurance carrier "locked" appellant into that carrier, inhibiting its freedom of contract because no other insurer would agree to cover the potential claim which was reported. It is appellant's contention that this...

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