Investors Insurance Corporation v. Dietz

This is an action by plaintiff, a credit insurance carrier, against its agent, the defendant, to recover premiums on policies sold by defendant. The action was tried by the court without a jury, and findings and judgment were entered in favor of plaintiff. Defendant appeals.

In 1967 defendant and one other individual were the major stockholders in Select Insurance Plans, Inc. Plaintiff was engaged in the business of selling credit life and health and accident policies. Insurance sales were made primarily through auto dealers selling cars to purchasers on credit. Plaintiff and defendant entered…