Safeway Insurance v. Smith

_JjCARAWAY, J.

After it received notification by the lender of the insured’s non-payment under a premium finance agreement, the auto liability insurer claims to have properly canceled the insurance policy immediately pri- or to the accident which is the subject of this suit. Finding that the lender failed to comply with La. R.S. 9:3550 in seeking cancellation of the policy, we reverse the trial court’s summary judgment in favor of the insurer.

Facts and Procedural History

On June 30, 1995, Christopher Smith drove his van out of a private parking lot onto Louisville Street in Monroe, Louisiana…