(Download) "Home Mutual Insurance Company v. Broadway Bank And Trust Company" by Court of Appeals of New York # eBook PDF Kindle ePub Free
eBook details
- Title: Home Mutual Insurance Company v. Broadway Bank And Trust Company
- Author : Court of Appeals of New York
- Release Date : January 22, 1981
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 76 KB
Description
QTAGOpinion/QTAG OF THE COURT A premium finance agency is under no duty to the insurer, under section 576 of the Banking Law, with respect to cancellation of an automobile liability insurance policy after default by the insured in payment to the agency of a premium installment, nor does its inaccurate representation to the insurer that the policy has been propery canceled impose on it any liability to the insurer for moneys paid in settlement of a policy claim arising out of an accident occurring after the date of the misrepresentation.