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JEFFERSON INS. CO. OF NEW YORK v. FORTRESS RE, INC.

No. 82 Civ. 8167 (CSH).

616 F.Supp. 874 (1984)

JEFFERSON INSURANCE COMPANY OF NEW YORK, Plaintiff, v. FORTRESS RE, INC., and Calvert Fire Insurance Company, Defendants.

United States District Court, S.D. New York.

On Motion to Reargue September 25, 1984.

Attorney(s) appearing for the Case

Leonard A. Sheft and Associates, New York City (Jeffrey A. Marshall, New York City of counsel), for plaintiff.

Layton & Sherman, New York City (Frederick E. Sherman, Thomas L. Abrams, New York City, of counsel), for defendants.

MEMORANDUM OPINION AND ORDER

HAIGHT, District Judge.

Plaintiff Jefferson Insurance Company of New York ("Jefferson") agreed to insure a New York taxicab company against that part of its accident liability exceeding $100,000 and under $1,000,000 dollars. The cab service apparently was self-insured against losses under $100,000. Jefferson then entered into a reinsurance agreement with defendant Fortress Re, Inc. ("Fortress"), acting on behalf of defendant...

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