Copeland Insurance Agency, Inc. v. Home Insurance Co.

SHARP, Judge.

Copeland appeals from a final summary judgment in favor of the Home Insurance Company. The judgment holds him personally liable for his insurance company’s failure to pay over and account for premiums it collected on behalf of Home. We affirm.

Copeland, a general lines insurance agent, admitted he was the president of his insurance agency and that on behalf of his agency, he signed an agency agreement with Home. This agreement provided that his agency would, inter alia, collect the premiums solicited for the insurance company and forward the required sums to Home. Some $75,000.00…