Currier v. North British &c. Co.

The rights of persons having limited, fractional or joint interests in property, who are not named in the fire insurance policy, to recover their proportionate interests in the event of loss are uncertain, unsettled and unsatisfactory. Dudley v. Company, 82 N. H. 167; 48 Col. L. Rev. 1162, 1173, 1186. A typical situation, as it existed in 1937, has been described by Goble, The Moral Hazard Clauses of the Standard Fire Insurance Policy. 37 Col. L. Rev. 410, 417, as follows: “When a married man buys property, especially a home, a joint tenancy or a tenancy by the entireties frequently appeals…