Oberman v. United States Fire Insurance Co. of New York

February 11, 1922, the department store which had been conducted by appellees for several months in the city of Danville was destroyed by fire. Appellees claimed their total loss was about $50,000. They carried insurance amounting to $38,000, which was distributed among nine companies. Shortly after the fire an adjuster, acting for all the insurance companies, made an investigation, and after examining the books of appellees and what remained of the merchandise fixed the total damages to the stock caused by the fire at $35,000. He 'prepared proofs of loss on this basis and submitted them to…