Annes v. Carolan

This action was brought in assumpsit on what is known to the insurance fraternity as a “binder agreement” by which the plaintiff, George J. Annes, was indemnified by “Lloyd’s of London” against the loss by robbery of one diamond ring valued at $2,000. The declaration consisted of one count, to which defendant filed seven pleas, among which was one of the general issue, and another averring that the defendant was not liable to the plaintiff for the reason that, in all that it did, it acted as the agent of Lloyd’s of London. To the last plea plaintiff replied that “although the defendant in…