Kennedy & Ely Insurance v. Hershey

Appellee as Illinois Liquidator of Central Casualty Company, after trial to "the court without a jury, recovered judgment against appellant, as a former agent of that company, in the sum of $9,265.80. We affirm.

The outcome of the litigation turned on such legal issues as the application of the Florida law on “mass cancellations” of insurance policies, whether the debtor-creditor relationship existed as to policy premiums on which the agency had extended credit, whether the trustee relationship existed as to premiums collected, and whether the company, as of March 1, 1962, was entitled to…