Highlands ex rel. Highlands v. Lurgan Mutual Fire Insurance

Citations

• 177 Pa. 566
• 35 A. 728
• 1896 Pa. LEXIS 1014

Syllabus

<p>Insurance — Fire insurance — Estoppel—Assignment for creditors — Insurable interest.</p> <p>An assignee for creditors of a person having property insured went to the agent of the insurance company shortly after the assignment and informed him of the assignment and proposed to have a transfer made. The agent assured him that it was not necessary, and therefore it was not done. The assignee subsequently paid an assessment demanded by the company. The assignee then sold the property, but before a deed was made to the purchaser, a fire occurred causing a loss. Held, that the insurance company was estopped from asserting the want of a transfer as a defense to its liability.</p>