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MARINE OFFICE OF AM. CORP. v. MARVAL IMP. CORP.

173 A.D.2d 410 (1991)

Marine Office of America Corp., Respondent, v. Marval Import Corporation, Appellant

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

May 30, 1991

Plaintiff issued an Ocean Marine policy of insurance to defendant. After the policy was terminated, plaintiff audited defendant's books and determined that it was entitled to over $30,000 in additional premiums since certain unreported shipments were covered by plaintiff's policy. Defendant contends that the shipments at issue were excluded from plaintiff's policy since the suppliers agreed to bear the risk of loss with regard...

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