Legal Opinion
Money Store/Massachusetts, Inc. v. Hingham Mutual Fire Insurance
Massachusetts Appeals Court
Decided April 16, 1999No. 97-P-1322PublishedCited by 3 opinions
1Opinion of the CourtKass, J.
On a complaint by The Money Store/Massachusetts, Inc. (Money Store), a judge of the Superior Court declared that Money Store, as a named second mortgagee in a fire insurance *637policy issued by Hingham Mutual Fire Insurance Company (Hingham Mutual), was entitled to recover $21,558 against its mortgage debt under that insurance policy, and that Hingham Mutual could not wipe out Money Store’s interest through exercise of subrogation and assignment rights acquired when Hingham Mutual paid the debt of the insured to a first mortgagee. From that judgment Hingham Mutual appeals. We affirm.
On the…
2Cases cited16 opinions
- Cardin v. Royal Insurance Co. of AmericaMassachusetts Supreme Judicial Court · 1985
- Eddy v. London Assurance Corp.New York Court of Appeals · 1894
- Mailhot v. Travelers InsuranceMassachusetts Supreme Judicial Court · 1978
- Palmer Savings Bank v. Insurance Co. of North AmericaMassachusetts Supreme Judicial Court · 1896
- Frost v. Porter Leasing Corp.Massachusetts Supreme Judicial Court · 1982
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3Cited by3 opinions
- Continental Insurance v. BahnanCourt of Appeals for the First Circuit · 2000
- The Money Store/Massachusetts, Inc. v. Hingham Mutual Fire InsuranceMassachusetts Supreme Judicial Court · 1999
- Federal Insurance v. Commerce InsuranceCourt of Appeals for the First Circuit · 2010