Savino v. Merchants Mutual Insurance
New York Court of Appeals
1Opinion of the Court
OPINION OF THE COURT
Cooke, J.
This is an action by a storekeeper to recover for a fire loss on an insurance policy issued by defendant. Plaintiff financed the premiums through a company called Insur Aid, which paid defendant and was in turn to receive from plaintiff monthly installments, including finance charges. Under the terms of their agreement, if plaintiff defaulted in any payment to Insur Aid, the latter was appointed his attorney in fact to cancel the policy.
*628Plaintiff failed to pay a monthly installment due for November of 1974, and as a result on November 19, 1974 Insur Aid mailed him…
2Cases cited6 opinions
- Crown Point Iron Co. v. Ætna InsuranceNew York Court of Appeals · 1891
- Matter of Garelick v. RosenNew York Court of Appeals · 1937
- Louisiana Public Utilities Co. v. Atlas Assurance Co.Appellate Division of the Supreme Court of the State of New York · 1933
- Louisiana Public Utilities Co. v. Atlas Assurance Co.New York Court of Appeals · 1933
- Russ Togs, Inc. v. Fidelity-Phenix InsuranceNew York Court of Appeals · 1973
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3Cited by2 opinions
- North Stockton Town Lot Co. v. FischerCalifornia Supreme Court · 1902
- Cook v. SnyderCalifornia Court of Appeal · 1936