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Stern v. Insurance Co.

New Jersey Supreme Court


Decided: May 7, 1973.

LAWRENCE STERN AND ROSALIND STERN, PLAINTIFFS-APPELLANTS,
v.
INSURANCE COMPANY OF NORTH AMERICA, DEFENDANT-RESPONDENT

For affirmance -- Chief Justice Weintraub, Justices Jacobs, Proctor, Hall, Mountain and Sullivan, and Judge Conford. For reversal -- None.

Per Curiam

[62 NJ Page 582]

The issue in this case is whether an exclusion of a "business pursuit" in an insurance liability policy includes service as an "outside" director of a bank. The trial court and the Appellate Division found that such service was within the exclusion. We agree.

19730507


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