Bankers Casualty Co. v. Richland Co. Banking Co.

Citations

• 21 Ohio C.C. Dec. 428

Syllabus

<p>INSURANCE.</p> <p>:No Recovery of Premium can be had by Unlicensed Foreign Insurance Companies.</p> <p>A foreign insurance company, not complying with Sec. 3656 Rev. Stat., requiring a license to be issued to do business within this state, having evaded this requirement by issuing policies outside of the state on property located in this state, cannot prosecute an action in this state for the recovery of premiums on such policies; but it may maintain an action therefor within the jurisdiction of the state within which the insurance was issued, jurisdiction having been obtained therein over the person of the policy holder.</p> <p>[Syllabus approved by the court.]</p>