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Dominion Fin. v. Asset Indem. Brokerage Corp.

Appellate Division of the Supreme Court of New York, First Department
Mar 10, 2009
60 A.D.3d 461 (N.Y. App. Div. 2009)

Summary

holding that a plaintiff in "action against an insurance broker for failure to properly procure insurance . . . alleged facts sufficient to demonstrate that it was an intended beneficiary not only of the surety coverage procured by defendant, in which it was so named, but also of defendant's agreement with its client to procure the surety coverage"

Summary of this case from Goldsmith v. Marsh U.S. (In re GlassHouse Techs.)

Opinion

No. 21.

March 10, 2009.

Order, Supreme Court, New York County (Emily Jane Goodman, J.), entered June 30, 2008, which, insofar as appealed from as limited by the briefs, granted defendant's motion to dismiss the complaint to the extent of dismissing the first cause of action for negligence and denied the motion to the extent of sustaining the second cause of action for negligence, and granted Plaintiff's cross motion to amend the complaint to add causes of action for breach of contract, unanimously modified, on the law, to deny defendant's motion in its entirety and to reinstate the first cause of action, and otherwise affirmed, without costs.

Keidel, Weldon Cunningham, LLP, White Plains (Howard S. Kronberg of counsel), for appellant-respondent.

Hartman Craven LLP, New York (Donald L. Rosenthal of counsel), for respondent-appellant.

Before: Mazzarelli, J.P., Saxe, Nardelli, DeGrasse and Freedman, JJ.


In this action against an insurance broker for failure to properly procure insurance, plaintiff asserts claims on its own behalf and as the assignee of the claims of defendant's client against defendant. Plaintiff has alleged facts sufficient to demonstrate that it was an intended beneficiary not only of the surety coverage procured by defendant, in which it was so named, but also of defendant's agreement with its client to procure the surety coverage ( see Stainless, Inc. v Employers Fire Ins. Co., 69 AD2d 27, 33-35, affd 49 NY2d 924; Henry v Guastella Assoc., 113 AD2d 435, lv denied 67 NY2d 605; 20th Century Foods Pte., Ltd. v Home Ins. Co., 1989 WL 99773, *8-10, 1989 US Dist LEXIS 9843, *28-33 [SD NY 1989]). These facts include that defendant was aware, from the moment its client contacted it about procuring coverage, that plaintiff was the intended beneficiary of the coverage, and that plaintiff participated on its own behalf in discussions with defendant and its client about the coverage to be provided. Accordingly, plaintiff has stated a cause of action for negligence both on its own behalf and as the assignee of defendant's client's claims against defendant. For the same reasons, the court properly granted Plaintiff's motion to amend the complaint to add causes of action for breach of contract as a third-party beneficiary of the brokerage agreement and as assignee of defendant's client's claims.

We have considered defendant's remaining arguments and find them unavailing.


Summaries of

Dominion Fin. v. Asset Indem. Brokerage Corp.

Appellate Division of the Supreme Court of New York, First Department
Mar 10, 2009
60 A.D.3d 461 (N.Y. App. Div. 2009)

holding that a plaintiff in "action against an insurance broker for failure to properly procure insurance . . . alleged facts sufficient to demonstrate that it was an intended beneficiary not only of the surety coverage procured by defendant, in which it was so named, but also of defendant's agreement with its client to procure the surety coverage"

Summary of this case from Goldsmith v. Marsh U.S. (In re GlassHouse Techs.)

holding that a plaintiff in "action against an insurance broker for failure to properly procure insurance ... alleged facts sufficient to demonstrate that it was an intended beneficiary not only of the surety coverage procured by defendant, in which it was so named, but also of defendant's agreement with its client to procure the surety coverage"

Summary of this case from Goldsmith v. Marsh U.S., Inc. (In re Glasshouse Techns., Inc.)

In Dominion, a real estate lender commenced an action on its own behalf and as the assignee of the claims of an insurance broker's client against the insurance broker for failure to properly procure insurance.

Summary of this case from BRT Realty Trust v. AHI Agency, 2009 NY Slip Op 31412(U) (N.Y. Sup. Ct. 6/24/2009)

In Dominion, a real estate lender commenced an action on its own behalf and as the assignee of the claims of an insurance broker's client against the insurance broker for failure to properly procure insurance.

Summary of this case from BRT REALTY TRUST v. AHI AGENCY
Case details for

Dominion Fin. v. Asset Indem. Brokerage Corp.

Case Details

Full title:DOMINION FINANCIAL CORP., Respondent-Appellant, v. ASSET INDEMNITY…

Court:Appellate Division of the Supreme Court of New York, First Department

Date published: Mar 10, 2009

Citations

60 A.D.3d 461 (N.Y. App. Div. 2009)
2009 N.Y. Slip Op. 1712
874 N.Y.S.2d 115

Citing Cases

Goldsmith v. Marsh U.S., Inc. (In re Glasshouse Techns., Inc.)

In cases where New York courts have determined that a third party claimant may assert claims on its own…

BRT Realty Trust v. AHI Agency, 2009 NY Slip Op 31412(U) (N.Y. Sup. Ct. 6/24/2009)

Plaintiff's Further Opposition In light of the New York State Supreme Court Appellate Division's recent…