(Download) "Summers v. American Reliable Insurance Co." by New Mexico Supreme Court # Book PDF Kindle ePub Free

eBook details

Title: Summers v. American Reliable Insurance Co.
Author : New Mexico Supreme Court
Release Date : January 22, 1973
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 63 KB

Description

Defendant ("insurer") insured plaintiffs house trailer, in which American Bank of Carlsbad ("the bank") had a security interest, against physical damage. The trailer was totally destroyed by an explosion and fire and insurer refused to pay the loss. Plaintiff filed suit for actual and punitive damages for breach of the insurance contract. An answer and plaintiffs motion for summary judgment were filed. A "summary judgment" was entered in favor of plaintiff and the bank in an amount aggregating the coverage. Plaintiff was awarded punitive damages as well.