Miracle v. New York Underwriters' Insurance Co.

Opinion of the Court by

Creal, Commissioner

Reversing.

On March 3, 1926, the New York Underwriters’ Insurance Company issued to Gr. W. Miracle an insurance policy for $500 on a residence which he was erecting in the city of Barbourville and which was nearing completion. On March 30,1926, the Queen Insurance Company of America issued him a policy for $1,000 additional insurance on the building. Thereafter Miracle applied to the New Hampshire Eire Insurance Company for a policy of $2,000 covering the same structure, but the residence was destroyed by fire on May 23, 1926, and before this policy…