Hayes v. Preferred Risk Mutual Insurance

Mr. JUSTICE GEORGE J. MORAN

delivered the opinion of the court:

Plaintiff appeals from a judgment of the trial court directing a verdict in favor of the defendant at the close of plaintiff’s evidence in a case wherein plaintiff sought damages from defendant because of an alleged wrongful termination of an insurance agency contract by the defendant.

Hayes became Preferred Risk’s agent in 1954 when he bought the contract rights of an individual who was then employed by the company as its agent. In 1956 he bought the rights of another of the company’s agents for $4800. This second purchase gave…