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U. S. UNDERWRITERS INC. v. SIMCOE & ERIE GEN. INS.

No. 80 Civ. 5562 (IBC).

532 F.Supp. 606 (1982)

UNITED STATES UNDERWRITERS INC., Plaintiff, v. SIMCOE & ERIE GENERAL INSURANCE CO., Defendant.

United States District Court, S. D. New York.

February 5, 1982.

Attorney(s) appearing for the Case

Rein, Mound & Cotton, New York City, for plaintiff; C. Raymond Nelson, New York City, of counsel.

Brady & Tarpey, P. C., New York City, for defendant; Edmond F. Supple, New York City, of counsel.

OPINION

IRVING BEN COOPER, Senior District Judge.

Introduction

This action, tried to the Court, centers on the dealings of two insurance companies, plaintiff United States Underwriters Incorporated (Underwriters) and defendant Simcoe & Erie General Insurance Company (Simcoe). Underwriters alleges that in 1967 efforts were undertaken to license Simcoe in the state of Georgia; that monies had to be deposited with the Georgia Insurance...

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