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MALCA AMIT NEW YORK, INC. v. EXCESS INSURANCE COMPANY LIMITED

258 A.D.2d 282 (1999)

685 N.Y.S.2d 55

MALCA AMIT NEW YORK, INC., Respondent, v. EXCESS INSURANCE COMPANY LIMITED, Appellant, et al., Defendants.

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

Decided February 4, 1999.

Plaintiff's contract with its armored car service required the latter to maintain all risks insurance coverage with Lloyds of London for the benefit of customers, like plaintiff, who entrusted property to its care. Defendant, through its London agent, issued a cover letter confirming all risks insurance, including infidelity, for the armored car service and "for whom they have instructions to insure". Monthly premiums for this...

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