General Electric Credit Corp. v. Aetna Casualty & Surety Co.

Opinion by

Mr. Justice Eagen,. A cause of action in. assumpsit was brought by General Electric Credit Corporation (GECC) to recover on seven fire insurance policies, each issued by a different insurance company but through the same agent, for damage to personal property caused by a fire on October 28,. 1963. The personal property, of which GECC was conditional vendor, consisted of equipment in the Silver Spur. Restaurant in Monroeville, Allegheny County, Pennsylvania. The jury returned a verdict in favor of GÉCC for f50,000 -against five of the seven insurance companies involved, and the other…