Koopman v. Farmers Mutual Hail Insurance

Plaintiff bolds defendant’s certificate of insurance to the amount of $4,200 against loss to crops from hail. On August 6, 1928, plaintiff’s crops were damaged by a hailstorm. Plaintiff and defendant were unable to agree upon the amount of the loss. Defendant’s by-laws provide that the disagreement may, by mutual consent, be settled by arbitration, as follows:

“The association shall choose one arbitrator and the assured one and the two thus chosen shall select a third and an award signed by all the arbitrators shall be final and binding upon both parties. ’ ’

Defendant selected Walrod, one of…