Aetna Insurance v. Holmes

Citations

• 59 Fla. 116

Syllabus

<p>Fire Insurance—Waiver of Proofs of Loss by Local Agent—Powers of Agents.</p> <p>1. A local agent of a fire insurance company who has authority to issue policies for the company and to collect premiums therefor also has authority to waive required proofs of loss by repudiating on behalf of the company after a loss all liability on such policy, either in writing or by parol or by matter m pais.</p> <p>2. The acts of an agent performed within the scope of his real or apparent authority are binding upon his principal. The public have a right to rely upon an agent’s apparent authority, and are not bound to enquire as to his special power, unless the circumstances are such as to put them upon enquiry.</p>