Case Name: Ambassador Associates et al., Appellants, v. James P. Corcoran, as Superintendent of the New York State Insurance Department, et al., Respondents
Court: New York Court of Appeals
Jurisdiction: New York
Decision Date: 1992-02-13
Citations: 79 N.Y.2d 871
Docket Number: 
Parties: Ambassador Associates et al., Appellants, v James P. Corcoran, as Superintendent of the New York State Insurance Department, et al., Respondents.
Judges: 
Reporter: New York Reports
Volume: 79
Pages: 871–876

Head Matter:
Ambassador Associates et al., Appellants, v James P. Corcoran, as Superintendent of the New York State Insurance Department, et al., Respondents.
Argued January 8, 1992;
decided February 13, 1992
APPEARANCES OF COUNSEL
Alan M. Gelb, Richard S. Fischbein, Kenneth G. Schwarz, Deborah J. Locitzer and Steven M. Raphael for appellants.
Sheila L. Birnbaum, Irene A. Sullivan, Timothy G. Reynolds, Lloyd M. Eisenberg and Toni C. Hamburg for Home Insurance Company, respondent.
James P. Corcoran, as Superintendent of Insurance, respondent precluded.

Opinion:
OPINION OF THE COURT
Order affirmed, with costs, for the reasons stated in the opinion by Justice David B. Saxe at Supreme Court, New York County (143 Misc 2d 706), and the reasons stated in the memorandum of the Appellate Division (168 AD2d 281).
Concur: Chief Judge Wachtler and Judges Simons, Hancock, Jr., and Bellacosa. Judge Titone dissents and votes to reverse in an opinion in which Judges Kaye and Alexander concur.