Transamerica Insurance Co. v. Parrott

NEARN, Judge.

This is a declaratory judgment suit to determine the rights and liabilities of various parties under policies of automobile liability insurance.

Transamerica Insurance Company through its agent, James E. Taylor, issued a policy of liability insurance insuring a truck owned by E. E. Parrott. Later a substituted truck was leased by Parrott to Davis Manufacturing Company. While under lease and being driven by W. R. Davis, an employee of Davis Manufacturing Company but not related to the principal of Davis Manufacturing Company, the leased truck was involved in a collision in…