Schimmel Fur Co. v. American Indemnity Co.

HIGGINS, Commissioner.

Action in equity for reformation of written endorsements to insurance policy issued by American Indemnity Company and Lloyds of London (through agent Charles Vanier Harden) to provide $22,500 coverage by each company. Over defendants’ contention that their liability was limited to $2,500 each, the court found the issues for, and entered judgment as prayed by, plaintiff. The amount in dispute is thus in excess of $15,000.

Plaintiff’s cause of action for reformation is stated in its Count I: that on and after September 7, 1962, plaintiff was engaged as a merchant in furs…