Granite City Steel Employees Federal Credit Union v. Mercury Mutual Insurance

HOFFMAN, JUSTICE.

In this case, plaintiff, as assignee of John J. Valley, recovered a judgment against the defendant insurance company in the sum of $1,977. The suit was based on a claim for loss by car theft under a policy issued by the defendant. Valley, the insured, assigned his claim under the policy to the plaintiff, Granite City Steel Employees Federal Credit Union, from whom he had purchased the car.

The defendant insurance company contends that it is not liable under the policy because the insured failed to give notice of the loss “as soon as practicable” in accordance with the terms of…