McVay v. Western Grain Dealers Fire Insurance

This is an action on an insurance policy for a fire loss on a stock of merchandise in Marysville, Iowa. There is no question about the issuance of the insurance policy, and its assignment to the plaintiff; such assignment having been approved by the defendant company. A fire occurred on the 23d day of December, 1931, and the insured property was totally destroyed. Sufficient notice and proof of loss was furnished the defendant company.

The policy in suit contained the following provisions:

“This policy shall be void if the insured has concealed or misrepresented any material fact or…