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AMBASSADOR ASSOCS. v. CORCORAN

168 A.D.2d 281 (1990)

Ambassador Associates et al., Appellants, v. James P. Corcoran, as Superintendent of The New York State Insurance Department, et al., Respondents

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

December 11, 1990

A fire at premises owned by plaintiffs, resulting in serious injuries to tenants therein, precipitated a separate action against plaintiffs seeking damages in excess of $25 million. Plaintiffs maintained a $1 million general liability policy with Public Service Mutual Insurance Company, a $10 million umbrella policy with Mission Insurance Company and a $15 million excess insurance policy with defendant Home. Plaintiffs, in their...

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