Indemnity Ins. Co. Of North America v. Midwest Transfer Co. Of Illinois

LINDLEY, Circuit Judge.

Defendant, Midwest Transfer Company, appeals from a judgment entered against it in favor of plaintiff, Indemnity Insurance Company of North America, for the balance of the premium allegedly due on a fleet insurance binder issued by it to Midwest through the offices of H. E. Cotter and Co., Inc,, a licensed insurance broker. Cotter, in 1946, had placed defendant’s public liability, property damage and workmen’s compensation coverage with the Preferred Accident Company of New York, but Preferred’s cancellation of this coverage, effective as of April 4, 1947, made it…