Pugh v. Bershad

Jacob Pugh owned an automobile which carried insurance placed through Arnold Bershad, a broker with whom he had done business for five years. In late June 1966 Pugh received notice that the policy would be cancelled on July 8, 1966. The following day he and Bershad discussed the prospective cancellation. According to Pugh, he requested other insurance and was assured by Bershad that he would be fully covered by another company before July 8th. On July 11th his car was stolen. He reported the theft to Bershad and was told, he said, that he would receive the new policy any day. He thereafter…