World Fire Marine Ins. Co. v. Tapp

Opinion op the Court by

Stanley, Commissioner—

Affirming.

The appellants, World Fire & Marine Insurance Company and Home Insurance Company, issued policies of fire insurance in the aggregate sum of $2,300 on the stock of merchandise and $300 on the fixtures and equipment in the general store of T. B. Tapp, in the village of Stanley. The policies were issued in January, 1936, and the store, with its contents, burned in September, 1936. Suits on the policies were consolidated. Liability was denied on the grounds of over-insurance, fraud and misrepresentation in the proofs of loss and a faliare to…