Rose Inn Corp. v. National Union Fire Insurance

An agency, representing many insurance companies, was intrusted by its principals with the possession of blank fire insurance policies, which it was authorized to fill out and countersign, and, when completed, to issue and deliver to applicants for insurance. The plaintiff acquired property upon which the agency had previously written insurance. The agency was thereupon instructed by the plaintiff to maintain for it the amount of insurance previously written. This' amount in future was to remain the same, unless the plaintiff gave orders to increase it. The selection of the companies was left…