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WILLIS PAWNBROKERS, INC. v. AMBASSADOR INS. CO.

100 A.D.2d 771 (1984)

Willis Pawnbrokers, Inc., Appellant-Respondent, v. Ambassador Insurance Company, Respondent-Appellant

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

April 5, 1984

¶ Plaintiff is the owner of a parcel of real property designated at 473 and 475 Willis Avenue, Bronx, New York, at which it conducted a pawn brokerage business. Defendant is an insurance company not licensed to do business in this State. Plaintiff was unable to obtain fire insurance on the property from an insurer licensed to do business in this State. Accordingly, its broker, Bramex, Ltd., a licensed excess line broker, placed the insurance with defendant. ¶ The...

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