Allemannia Fire Ins. Co. of Pittsburgh v. Firemen's Ins. Co. of Baltimore Ex Rel. Wolfe
Supreme Court of the United States
ERROR TO THE COURT OP APPEALS OP THE DISTRICT OP COLUMBIA. This action was brought by plaintiff, who is the defendant in error, in the Supreme Court of the District of Columbia for •the purpose of recovering an amount alleged to be due the plaintiff from the defendant- (plaintiff in error) on a policy of reinsurance.
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ERROR TO THE COURT OP APPEALS OP THE DISTRICT OP COLUMBIA. This action was brought by plaintiff, who is the defendant in error, in the Supreme Court of the District of Columbia for •the purpose of recovering an amount alleged to be due the plaintiff from the defendant- (plaintiff in error) on a policy of reinsurance. The plaintiff obtained judgment in the trial court, which Was affirmed in the Court of Appeals of the District. . ■ The plaintiff had originally insured the property which was destroyed, and had prior to' the loss reinsured a proportion of the original insurance with the…
1Opinion of the CourtJustice Peckham
The only question before the court is as to the construction of the language of the reinsurance compact. The term “reinsurance ” has a well-known meaning. That kind of a contract has been in force in the commercial world for a long number of years, and it is entirely different from what is termed “double insurance,” i.-e., an insurance of the same interest. The contract is one of indemnity to the person or corporation reinsured and it binds the reinsurer' to pay to the reinsured the whole loss sustained in respect to the subject of the insurance to the extent to which he is reinsured. It is…
2Cases cited5 opinions
- The Mutual Safety Ins. Co. v. . HoneNew York Court of Appeals · 1849
- Consolidated Real Estate & Fire Insurance v. CashowCourt of Appeals of Maryland · 1874
- Blackstone v. . Alemannia Fire Ins. Co.New York Court of Appeals · 1874
- Cashau v. Northwestern Nat. Ins.U.S. Circuit Court for the District of Eastern Wisconsin · 1873
- Ex parte NorwoodDistrict Court, N.D. Illinois · 1873
3Cited by42 opinions
- Home Insurance v. DickSupreme Court of the United States · 1930
- Homan v. Employers Reinsurance Corp.Supreme Court of Missouri · 1940
- Melco System v. Receivers of Trans-America Ins. Co.Supreme Court of Alabama · 1958
- Fidelity & Deposit Co. v. PinkSupreme Court of the United States · 1937
- Stickel v. Excess Ins. Co. of AmericaOhio Supreme Court · 1939
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