Worth Ins. v. Patching

Osro Cobb, Justice.

On September 2, 1964 appellant ■wrote and delivered its policy of insurance, including coverage of claims for collision damages, upon an automobile owned by appellee Mrs. Tommy Patching, and financed by appellee Helena State National Bank. On November 12, 1964 appellant elected to cancel the policy. Appellant allowed a credit for the unearned premium in its settlement of accounts for November with its general agent, Kidder Insurance Company, Inc. of Port Smith. Instead of remitting the premium refund to appellees, Kidder Insurance Company, Inc. remitted to an insurance…