Sutherland v. Federal Insurance

Citations

• 97 Miss. 345
• 52 So. 689

Syllabus

<p>1. Insurance. Fire policy. Vacancy permit. Agent’s agreement to renew.</p> <p>An agreement by the agent of a fire insurance company who issued the policy to renew a vacancy permit binds the company, and, it not having been renewed, where loss occurred during the time for which it was to have been renewed and while the house was still vacant, recovery may be had on the policy.</p> <p>2. Same. Agents. Terminating agency. Knowledge of insured.. Constructive notice.</p> <p>The agent of a fire insurance company, by whom, its policy was issued, remains the agent of the company, with power to bind it as to a vacancy permit, until the revocation of the agency is actually known to the insured, and the acceptance by him from the agent of a permit, signed by another, does not charge him with notice.</p>