This action arises out of a water damage claim which David Leinoff, Inc. (the insured), a furrier, submitted to its insurer, Interested London Underwriters (Lloyds), as a result of a December 28, 1989 leak from the defendant landlord's sprinkler system. The premises were inspected by Itzhak Weinstock of Graham Miller, Inc., which was Lloyds' adjuster. Mr. Weinstock found that the vast majority of the insured's damaged stock was too badly damaged to retain any significant...
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