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NUSSBAUM DIAMONDS, LLC v. THE HANOVER INSURANCE COMPANY

64 A.D.3d 488 (2009)

883 N.Y.S.2d 509

NUSSBAUM DIAMONDS, LLC, Appellant, v. THE HANOVER INSURANCE COMPANY, Respondent.

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

Decided July 28, 2009.

Isaac Nussbaum, the principal of plaintiff Nussbaum Diamonds, LLC (Nussbaum), had a jeweler's block insurance policy issued by defendant the Hanover Insurance Company (Hanover), which he purchased on September 30, 1995. The policy covered Nussbaum's company against "all risks" of loss or damage to its merchandise for up to $4 million while in his store, subject to certain exclusions. Effective November 14, 2005, the parties amended the policy to add an endorsement providing...

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