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CURIALE v. AIG MULTILINE SYNDICATE, INC.

225 A.D.2d 409 (1996)

640 N.Y.S.2d 18

Salvatore R. Curiale, as Superintendent of Insurance of The State of New York, Appellant-Respondent, v. AIG Multiline Syndicate, Inc., et al., Defendants, and Hudson Reinsurance Company, Ltd., Respondent-Appellant

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

March 19, 1996

Summary judgment dismissing plaintiff's first cause of action to recover reinsurance proceeds under a reinsurance contract between Hudson (the reinsurer) and Union Indemnity Insurance Co. (in liquidation) was warranted for the reasons stated in Matter of Union Indem. Ins. Co. (200 A.D.2d 99, lv dismissed 84 N.Y.2d 1026). The IAS Court correctly ordered Hudson to pay interest on the returned premiums (CPLR 3004; cf., e.g...

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