Great American Indemnity Co. v. Richard

The master’s view that the plaintiff is chargeable with notice of the change of trucks when its agent first learned of the change, is correct. But his conclusion that it thereby became estopped from denial of insurance in the pending action against the defendant, does not follow. Any liability of the plaintiff must be predicated upon its agent’s assurance to the defendant’s agent that the renewal policy would cover the use of the replacing truck. This assurance was in effect an implied promise that there would be no interruption between the two policies in the continuity of insurance.

The…