SUPERINTENDENT OF INSURANCE OF THE STATE OF NEW YORK v. CHASE MANHATTAN BANK


43 A.D.3d 514 (2007)

840 N.Y.S.2d 479

SUPERINTENDENT OF INSURANCE OF THE STATE OF NEW YORK, as Liquidator of UNITED COMMUNITY INSURANCE COMPANY, Respondent, v. CHASE MANHATTAN BANK, Formerly Known as CHASE MANHATTAN BANK (NATIONAL ASSOCIATION), et al., Appellants.

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

Decided August 2, 2007.


Crew III, J.P.

At all times relevant hereto, the Lawrence Group, Inc. was a New York corporation and holding company owned by Albert Lawrence and Barbara Lawrence. The Lawrence Group, in turn, was comprised, in relevant part, of Lawrence Agency Group and Lawrence Insurance Group, the latter of which included subsidiaries in the form of United Community Insurance Company (hereinafter UCIC) and what ultimately became known as United Republic Insurance Company.

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