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Wometco Home Theatre, Inc., Appellant, v. Lumbermens Mutual Casualty Company, Respondent

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Opinion
476 N.Y.S.2d 116 · New York Court of Appeals · Mar 30, 1984
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Wometco Home Theatre, Inc., Appellant, v. Lumbermens Mutual Casualty Company, Respondent
Appellate Division of the Supreme Court of New York · Jan 10, 1991
Appellate Division of the Supreme Court of New York · Dec 23, 1988
Parentheticals
affirming "for the reasons stated in the memorandum at the Appellate Division"
“a ‘loss payee’ is not itself an insured under the policy; it is merely the designated person to whom the loss is to be paid. * * * [A] loss payee may only recover if the insured could have recovered”
"a 'loss payee' is not itself an insured under the policy; it is merely the designated person to whom the loss is to be paid. * * * [A] loss payee may only recover if the insured could have recovered"