Insurance Coverage
Leonard Porcelli
The Appellate Division, Second Department reversed the lower court decision denying summary judgment to our client, a managing general agent. The Appellate Division determined that the managing general agent owed no duty whatsoever to the policyholder notwithstanding the claim that the managing general agent allegedly failed to note a wide discrepancy in the square footage listed on the application for insurance as compared to the square footage in the original condominium offering plan resulting in the premises being underinsured by $796,162.76.
