Legal Opinion

Moultrie International, Inc. v. Universal Underwriters Insurance Company

Court of Appeals for the Fifth Circuit

Decided February 28, 1977No. 76-2860PublishedCited by 9 opinions

1Opinion of the Court

GEE, Circuit Judge:

Moultrie International is a farm equipment and truck dealership in Moultrie, Georgia. Universal Underwriters Insurance Company had issued a stock floater policy which allowed Moultrie to report monthly changes in the value of parts and goods on hand. The value reporting clause allowed the insured thirty days after the last day of the month to report the value of covered property for the month just ended. Universal Underwriters adjusted the premiums according to the reported fluctuations in value, and the last reported value governed the amount of coverage in case of loss.

Mou…

2Cases cited3 opinions

  1. Bankers Mutual Casualty Co. v. Peoples BankSupreme Court of Georgia · 1907
  2. Camilla Feed Mills, Inc. v. St. Paul Fire & Marine Ins.Court of Appeals for the Fifth Circuit · 1949
  3. Reilly-Benton Co., Inc. v. Liberty Mutual Ins. Co.Supreme Court of Louisiana · 1973

3Cited by9 opinions

  1. Quality Foods, Inc. v. U.S. Fire Insurance CompanyCourt of Appeals for the Eleventh Circuit · 1983
  2. Dalton Buick, Oldsmobile, Pontiac, Cadillac, Inc. v. Universal Underwriters InsuranceNebraska Supreme Court · 1994
  3. Bradham v. Randolph Trucking Co., Inc.District Court, M.D. Georgia · 1991
  4. Midwest Office Technology, Inc. v. American Alliance Insurance Co.Supreme Court of Iowa · 1989
  5. Ambrose v. United StatesUnited States Court of Federal Claims · 2012

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