Briefs on the Law of Insurance, Volume 4West publishing Company, 1905 |
Contents
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Common terms and phrases
abandonment accident action affirming agent allegation American amount appraisal arbitration Ass'n assignment award beneficiary benefit by-laws cause certificate claim clause condition precedent Connecticut Mut contract court damage death defendant effect employé entitled estoppel Etna evidence fact Farmers Fidelity & Casualty Fire & Marine fraud furnished German-American Grand Lodge Hanover Fire Hartford Fire held indemnity injury insured insured's Iowa jury Knights of Honor Knights Templars Law Rep Maccabees Maryland Casualty Co Mass Minn Misc mortgagee Mutual N. J. Law N. Y. Supp Northwestern Mut notice and proofs payable payment Peoria Marine person Phoenix plaintiff policy provides premiums proofs of loss property insured recover recovery rule statement statute stipulation sufficient suicide Super Supreme Lodge Tenn tion total loss Travelers U. S. App Union Union Mut vessel waived waiver Western Assur
Popular passages
Page 3916 - ... this Company shall, to the extent of such payment, be thereupon legally subrogated to all the rights of the party to whom such payment shall be made, under all securities held as collateral to the mortgage debt...
Page 2981 - ... shall not be liable beyond the actual cash value of the property at the time any loss or damage occurs, and the loss or damage shall be ascertained or estimated according to such actual cash value, with proper deduction for depreciation, however caused, and shall in no event exceed what it would then cost the insured to repair or replace the same with material of like kind and quality.
Page 3412 - ... in case of any fraud or false swearing by the insured touching any matter relating to this insurance or the subject thereof, whether before or after a loss.
Page 3595 - In the event of disagreement as to the amount of loss the same shall, as above provided, be ascertained by two competent and disinterested appraisers, the insured and this company each selecting one, and the two so chosen shall first select a competent and disinterested umpire; the appraisers together shall then estimate and appraise the loss, stating separately sound value and damage, and, failing to agree, shall submit their differences to the umpire; and the award...
Page 3895 - If this company shall claim that the fire was caused by the act or neglect of any person or corporation, private or municipal, this company shall, on payment of the loss, be subrogated to the extent of such payment to all right of recovery by the insured for the loss resulting therefrom, and such right shall be assigned to this company by the insured on receiving such payment.
Page 3596 - No suit or action on this policy for the recovery of any claim shall be sustainable in any court of law or equity until after full compliance by the insured with all the foregoing requirements, nor unless commenced within twelve months next after the fire.
Page 3810 - ... as of the date of the filing of the petition initiating a proceeding under this title * * * to all of the following kinds of property * * * (5) property, including rights of action, which prior to the filing of the petition he could by any means have transferred or which might have been levied upon and sold under judicial process against him...
Page 3596 - ... the sum for which this company is liable pursuant to this policy shall be payable sixty days after due notice, ascertainment, estimate, and satisfactory proof of the loss have been received by this company in accordance with the terms of this policy.
Page 3017 - ... this insurance, as to the interest of the mortgagee (or trustee) only therein, shall not be invalidated by any act or neglect of the mortgagor or owner...
Page 3056 - ... than the amount hereby insured shall bear to the whole insurance, whether valid or not, or by solvent or insolvent insurers, covering such property...