Fairhope Yacht Club, Inc. v. Johns Eastern Co.

The plaintiff, Fairhope Yacht Club, Inc. (hereinafter referred to as “Fairhope”), appeals from a summary judgment entered for Johns Eastern Company, Inc. (hereinafter referred to as “Johns Eastern”), the last remaining defendant to the underlying action. Fairhope’s claims against Johns Eastern are premised upon Ala.Code 1975, § 27-10 — 2(b), which allows parties who lose money dealing with insurers who are not statutorily authorized to engage in the insurance business, to hold an insurance adjuster who had assisted the unauthorized insurer in the performance of the insurance contract in…