Markel Service, Inc. v. National Farm Lines

CHRISTENSEN, District Judge.

This is a diversity action in which Markel Service, Inc., an insurance agency, sued National Farm Lines, a ■trucking concern, for insurance premiums on policies arranged by it through a third party. Failure of the latter to remit funds entrusted to it for premium payments raised the question who should bear the loss as between the parties here.

The basic facts are these: Appellant National Farm Lines, Inc. contacted a Thomas R. Hardin Insurance Agency to obtain workmen’s compensation, public liability, property damage and other types of coverage. The companies for…