Bernstein v. Financial Indemnity Co.

Plaintiff, an insurance agent, entered into a “Contingent Commission Agency Agreement” with defendant insurance company in June of 1961 whereby plaintiff was authorized to accept applications for a type of insurance to be issued by defendant known as “Special 1000 Automobile Accident Policy.” Attached to the complaint, as amended, is a copy of the agreement and an “Addendum” thereto where-under the parties agreed that “so long as this contract is validly in force” defendant would not grant to any person other than plaintiff the right to accept proposals for the type of insurance there…