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AFCO CREDIT CORPORATION v. ZURICH AMERICAN INSURANCE COMPANY

45 A.D.3d 441 (2007)

846 N.Y.S.2d 131

AFCO CREDIT CORPORATION, Respondent, v. ZURICH AMERICAN INSURANCE COMPANY, Appellant.

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

Decided November 20, 2007.

Plaintiff's assignor, a premium finance company, gave defendant insurance company proper notice of the premium financing arrangement between itself and defendant's insured. Defendant's failure to acknowledge the notice is of no moment, especially considering that it does not deny having received the notice. Furthermore, because plaintiff's assignor cancelled the relevant policies pursuant to the premium finance agreements before...

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