Case ID: nj_62/html/0582-01.html
Source: Caselaw Access Project
Author: {"author": "Per Curiam.", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

LAWRENCE STERN AND ROSALIND STERN, PLAINTIFFS-APPELLANTS, v. INSURANCE COMPANY OF NORTH AMERICA, DEFENDANT-RESPONDENT.
    Argued March 20, 1973
    Decided May 7, 1973.
    
      Mr. Marvin A. Sachs, argued the cause for plaintiffs-appellants. {Messrs. Feuerstein, Sachs <& Maitlin, attorneys; Mr. Leonard Rosenstein, of counsel.)
    
      Mr. David P. Loughran argued the cause for defendant-respondent {Messrs. Sutton, Ward, Sutton, Heim & O’Malley, attorneys; Mr. David P. Loughran, on the brief.)
   Per Curiam.

The issue in this case is whether an exclusion of a “business pursuit” in an insurance liability policy includes service as an “outside” director of a bank. The trial court and the Appellate Division found that such service was within the exclusion. We agree.

For affirmance — Chief Justice Weintraub, Justices Jacobs, Proctor, Haul, Mountain and Sullivan, and Judge Coneoru — 7.

For reversal — None.