SERIO v. NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA.


18 A.D.3d 319 (2005)

795 N.Y.S.2d 529

GREGORY V. SERIO, Superintendent of Insurance of the State of New York, as Liquidator of Nassau Insurance Company, Appellant, v. NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA., Respondent.

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

May 17, 2005.


The liquidator of the now defunct Nassau Insurance Company seeks, under Insurance Law § 3420 (a) (2), to recover on the judgment awarded against Richard DiLoreto, Nassau's former president, in Serio v Ardra Ins. Co. (304 A.D.2d 362 [2003], appeal dismissed 100 N.Y.2d 576 [2003], lv denied 100 N.Y.2d 516 [2003]). The basis of the recovery is a directors and officers liability...

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