Great American Indemnity Co. v. Southern Feed Stores Inc.

This was an action on a policy of robbery insurance. Upon submission of proof of loss thereunder, the insurance company refused to pay, on the ground that the loss incurred by the insured was not covered by the policy. The policy provided that the insurer, for and in consideration of the premium paid, would indemnify “the assured from all loss or damage to such property . . in the premises . . occasioned, by robbery or attempt thereat committed during the hours specified . . within the assured’s premises;” that “robbery, as used in this policy, shall mean a felonious and forcible taking of…