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CALIFORNIA UNION INS. CO. v. SUPERINTENDENT OF INS.

191 A.D.2d 332 (1993)

595 N.Y.S.2d 51

California Union Insurance Company, Appellant, v. Superintendent of Insurance, as Liquidator of Summit Insurance Co., Respondent

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

March 18, 1993

The Referee's report was properly confirmed because the findings were supported by the record (see, Namer v 152-54-56 W. 15th St. Realty Corp., 108 A.D.2d 705). Since the sought after bonds would have required Summit Insurance to answer for the debts or performance defaults of the Oklahoma construction firm, the oral promise of Northern Bonding Co., Summit's agent, that the bonds would be issued was not enforceable under the...

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