National Fire Insurance v. Lam

1. Where a policy of fire insurance, which insures against the loss of an automobile by fire, provides that “in case the insured and this company shall fail to agree as to the amount of loss or damage, each shall, on the written demand of either, select a competent and disinterested appraiser. . . And the loss shall in no event become payable until sixty days after the notice, ascertainment, estimate, and verified proof of loss herein required have been received by this company, and if appraisal is demanded, then not until sixty days after an award has been made by the appraisers,” and which…