Insurance Company Wins Appeal After Mob Defrauds Manhattan Jeweler of $2.09M in Jewelry

On May 13, 2021, a New York State Court of Appeals affirmed a lower court decision granting summary Jagainst a Manhattan jeweler, Crown Jewels Estate Jewelry, Inc. (“Crown Jewels”), in a suit for breach of contract. Crown Jewels sued its insurer, Lloyd’s of London (“Lloyd’s”) because Lloyd denied Crown Jewels’ insurance claim after Crown Jewels…