Coverage Owed For Insured’s Loss Of 502,315 Soybean Bushels, New York Justice Rules

(January 10, 2024, 11:42 AM EST) -- NEW YORK — A New York justice granted a physical commodities trader insured’s motion for partial summary judgment on declaratory judgment and breach of contract counterclaims against its insurers in their lawsuit disputing coverage for the insured’s loss of 502,315 bushels of soybeans, finding that the insured established an actual loss under the policies. ...