Metz v. National Adjustment Co.

Plaintiff George L. Metz, Jr., is a licensed insurance broker in New York under License No. 77078. That he was the insurance broker for one Julius Vavro, who sustained a fire loss covered under a policy of insurance issued by Federal Insurance Co. The fire loss amounted to $21,392, and was paid to the assured under his policy and through negotiation of Sherwood Garner, the president of NACO Adjusters, Inc., doing business as National Adjustment Co.

The assured, Vavro, advised his broker, the plaintiff George L. Metz, Jr., of the fire loss on or about July 10, 1976, the date of the loss. The…