Commonwealth v. Reinoehl

Citations

• 163 Pa. 287
• 29 A. 896
• 1894 Pa. LEXIS 1180

Syllabus

<p>Insurance-—State license—Lloyds—Penalties— Criminal law—Acts of April 4, 1873, and May 1, 1876.</p> <p>The words “ insurance companies” in the acts of May 1,1876, P. L. 53, and April 4, 1873, §§ 10 and 11, P. L. 20, refer only to incorporated insurance companies, and not to a Lloyd, or unincorporated association of individual underwriters.</p> <p>An insurance agent who, without taking out a state license, issues policies of insurance as agent of an unincorporated association of one hundred individual underwriters of another state, is not liable to the penalty imposed by the act of May 1, 1876, § 47, P. L. 53.</p>