Oakley Grain & Supply Co. v. Indemnity Insurance Co. of North America

POOS, District Judge.

The plaintiff sues for recovery of loss under a policy of fidelity insurance. Two of the conditions and limitations clauses of the policy are as follows:(1) “Loss shall be covered only if discovered while this insurance is in force or within two years after its termination. The assured shall notify the Company in writing of any loss within fifteen days after discovery thereof, and such notice shall set forth the position of thé Employee and his last known address ; and the assured shall file with the Company a sworn itemized proof of loss within 90 days after the date of…