COIN ROBERTO, INC. v. RELIANCE INSURANCE COMPANY


281 A.D.2d 319 (2001)

722 N.Y.S.2d 497

COIN ROBERTO, INC., Appellant, v. RELIANCE INSURANCE COMPANY, Respondent.

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

Decided March 22, 2001.


The motion court properly found that defendant insurer's disclaimer was proper, because plaintiff insured did not substantially comply with the requirement in the subject jeweler's block policy that it "maintain a detailed and itemized inventory * * * including * * * separate listing of all travelers' stocks." There is no indication in the record on appeal that the insured maintained records "sufficient to disclose to the insurer the extent of its liability, independently...

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