A Treatise On the Law of Agency Including Not Only a Discussion of the General
A Treatise On the Law of Agency Including Not Only a Discussion of the General
Floyd R Floyd Russell Mechem
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Civ. App. 389. 23 Maryland Casualty Co. V. Peo- ples, 26 Pa. Super. Ct. 142. 24 Standard Oil Co. V. Triumph Ins. Co. , 64 N. Y. 85. . In Davis Lumber Co. V. Hartford Fire Ins. Co. , 95 Wis. 226, 37 L. R. A. 131, it was held that an insurance broker, authorized to procure a "line of insurance" had implied authority to agree with the insurers that hiss principal would not take out a second line in the same companies through other agents in other places it ap- pearing that it was the usual and pro...per course to pursue, that it was the custom of insurance companies to require such an agreement, and that without it they would not have issued the policies and that the broker's principal was aware that this was the course of dealing pur- sued by the insurance company. Concealment of material facts by the broker will affect the principal in the same manner as if he had con- cealed them when acting in person. Hamblet v. City Ins. Co. , 36 Fed. 118. Principal affected by the fraud and forgery of the broker.
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