Hayes v. Preferred Risk Mutual Insurance

Plaintiff, William C. Hayes, Sr., appeals from the judgment of the Circuit Court of St. Clair County entered on a jury verdict in favor of the defendant, Preferred Risk Mutual Insurance Company. He alleges that he suffered damages as a result of Preferred’s termination of his insurance agency.

The resolution of this controversy depends on the construction of a written agency agreement entered into by the parties in February of 1956. The relevant portions of the contract reveal the following:(1) Either party could terminate the agreement at will;(2) In the event of termination the agent had a…