American Mutual Liability Insurance v. Ocean Accident Guarantee Corp.

The defendant contends that the indorsement-provision attached to the mutual policy to the effect that the insurance shall not be available to one who carries other collectible insurance conflicts with the provisions of section 1 of Chapter 54 of the Laws of 1927 which provides that a “Motor Vehicle Liability Policy” in order to conform to the requirements of that act must cover the insured and any person responsible for the operation of the insured’s motor vehicle with his express or implied consent. It is claimed that the terms of this statute were made a part of the insurance contract…