MOORE, Justice.
The sole question for determination on this appeal is whether the Company may maintain its cross-action for indemnity against its codefendant, McLaughlin, in plaintiff's action. The answer is "yes."
"An insurance agent is liable in damages for any loss sustained by the company arising from the agent's breach of duty * * Thus, if the agent issues a policy in violation of his instructions, he will be liable to the company for the amount of loss...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.