Trinity Universal Insurance Co. v. Fuller

AKIN, Justice.

This case concerns the liability of an insurance agent to his principal for failure to follow an instruction to obtain an endorsement reducing the coverage of a policy of fire insurance. The suit was originally brought by the insured. Hoover & Sons, Inc. sued Trinity Universal Insurance Company on a fire insurance policy in the amount of $25,000 for a loss occurring on December 10,1972. Trinity admitted it was liable to the insured in the amount of $10,-000 but denied any further liability on the ground that Trinity had instructed its agent, Fuller & Peyton Insurance Agency…