Discovery
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Case Summary |
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3000 REVIEW DENIED Policy language saying that denial of the insured's claim will not apply to a valid claim of the mortgagee was in the nature of a standard loss payable clause, meaning that the mortgagee was free from defenses that the insurer could have raised against the borrower.CitationHOME SAVINGS v CONTINENTAL INSURANCE (Loss Payee) 87 CA4 835 [See: Bank / West v Superior Court 2 C4 1254, T/AT 9/92; Foremost v Allstate 439 Mich 378; Welch v British American 148 C 223] |
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Finz Case Law Summaries (Finz Advance Tapes)
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