Kilpatrick v. Aetna Insurance Company

Russell, Judge.

1. A provision in a contract of motor truck cargo insurance, covering the liability of the insured as a carrier either as imposed by law or assumed by contract for losses on shipment of merchandise, which provision reads as follows: “No suit or action on this policy for the recovery of any claim shall be sustainable in any court of law or equity unless the assured shall have fully complied with all the requirements of this policy, nor unless commenced within 12 months next after the time a cause of action for the loss accrues,” is valid and binding on the insured. Maxwell Bros,…