Reliance National Life Insurance Company v. Caine

TUCKETT, Justice.

This action was commenced by the plaintiff, herein referred to as Reliance, on October 13, 1956. Reliance seeks to recover from the defendant money advanced to the defendant and for insurance premiums collected by the defendant and not paid over to Reliance. The defendant, by way of a counterclaim, prays for an accounting between himself and Reliance and for a judgment in his favor if the accounting shows he is entitled thereto.

On February 1, 1956, Reliance and Caine entered into an employment contract whereby Caine was employed as agency supervisor for Reliance. The…