Globe & Rutgers Fire Insurance v. Robbins & Myers Co.
Appellate Terms of the Supreme Court of New York
Appeal from Municipal Court, Borough of Manhattan, Second District. Action by the Globe & Rutgers Fire Insurance Company against the Robbins & Myers Company. From a Municipal Court judgment in favor of defendant, plaintiff appeals. Affirmed. See 86 N. Y. Supp. 493.'
1Dissent
MacLEAN, J. (dissenting).
Following a course now spreading into other lines of business, insurance companies long have recognized *997the vocation of brokers, and their employment by persons desiring or willing to take out insurance. Though insisting in the contract that brokers are the agents of their employers, the companies, instead of leaving their compensation to their principals, pay the compensation, estimating it as a commission on a liberal basis; adding also the inducement of a deferment of the time of payment for 60 days; carrying this latter, either as a matter of convenience or…
2Cases cited3 opinions
- Russell v. Prudential Insurance of AmericaNew York Court of Appeals · 1903
- Conway v. Phœnix Mutual Life InsuranceNew York Court of Appeals · 1893
- Citizens' Fire Insurance v. SwartzAppellate Terms of the Supreme Court of New York · 1897