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PEERLESS INS. CO. v. ASSOC. FIN. SERVICES, ETC.

Record No. 770056.

241 S.E.2d 792 (1978)

PEERLESS INSURANCE COMPANY v. ASSOCIATES FINANCIAL SERVICES OF AMERICA, INC.

Supreme Court of Virginia.

March 3, 1978.

Attorney(s) appearing for the Case

Albert D. Bugg, Jr., Richmond (Sands, Anderson & Marks, Richmond, on brief), for plaintiff in error.

Donald R. Skinker (Pribble & Skinker, Fredericksburg, on brief), for defendant in error.

Before I'ANSON, C. J., and CARRICO, HARRISON, COCHRAN, HARMAN and COMPTON, JJ.

HARMAN, Justice.

This action was instituted by Associates Financial Services of America, Inc. (Associates), the "loss payee" under an automobile insurance policy issued to Alvis Wayne Adair (Adair), against the insurer, Peerless Insurance Company (Peerless). After a bench trial, the trial court awarded judgment to Associates for $1500.04, the full amount of its claim, and Peerless appealed.

The facts have been stipulated. Adair was the owner of a 1973 Dodge...

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