Springfield F. & M. Insurance v. McKinnon & Call

Citations

• 59 Tex. 507
• 2 Tex. L. R. 87
• 1883 Tex. LEXIS 213

Syllabus

<p>1. Insurance.— A policy of insurance which in terms provides that the insurance may be terminated at any time at the option of the company, is avoided from the time when the insured has notice that the proper local agent has received the company’s instructions that it would no longer be liable.</p> <p>■2. Same.— In such case direction to the agent to cancel the policy is, when communicated to the insured, as effectual to terminate the risk as would be the most express notice that the policy had been terminated; following Bergson v. Builders’ Insurance Co., 88 Cal., 541, and other cases.</p> <p>-3. Same — Agreement of agent.— After a knowledge of the company’s instructions to terminate the risk, an agreement with the agent to continue it would not bind the company.</p>