Peerless Casualty Co. v. Bordi

During the first week of June, 1954 plaintiff’s agent predated and issued a policy of automobile insurance to defendant, the effective term of which was stated in the policy to run for one year from May 20, 1954. On May 29, 1954 the *23defendant’s vehicle, therein covered, was involved in a collision. After the accident, pursuant to the terms of the policy, the plaintiff paid a claim of defendant for collision damages to his automobile and undertook the defense of tort actions brought against him by third parties. As a result, however, of certain information which came to its attention in…