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NAT'L INS. v. GROUP, INC.

157 A.D.2d 293 (1990)

National Union Fire Insurance Company of Pittsburgh, Pa., Appellant, v. Ambassador Group, Inc., et al., Respondents

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

May 29, 1990

Attorney(s) appearing for the Case

Andrew R. Simmonds of counsel (Adam Simms and Philip F. Grant with him on the brief; D'Amato & Lynch, attorneys), for appellant.

Richard S. Simon of counsel (Edward J. Yodowitz and Neal J. Roher with him on the brief; Skadden, Arps, Slate, Meagher & Flom, attorneys), for respondents.

MURPHY, P. J., MILONAS, ROSENBERGER and RUBIN, JJ., concur.

ASCH, J.

In 1983, plaintiff National Union Fire Insurance Company of Pittsburgh, Pa. (National Union), in New York, issued a three-year directors and officers liability and corporate reimbursement policy to defendant Ambassador Group, Inc. and its subsidiaries, Ambassador Insurance Co., a Vermont insurance company now in receivership in Vermont, and Horizon Insurance Co., a New York insurance company now in...

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