Turnbull Insurance 1962

INS (1) Patterson's 4th Edition — Insurance Good notes following cases LAW REVIEW ARTICLES IMP !!! Essentials of (Reserve [hornbooks]) Patterson's — Insurance (for layman Vance — good but old Richards — 5 vol.

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→ Couch (McCoid's office) Got a second edition half out — part is here.

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A part of the law of π's (11 sales), but has a lot of rules units itself.

Origin — Italy — merchants. Got a lot of civil law mixed with rules. / Also good deal of maritime law mixed in. / Also good deal of govermental regulation.

BIG FIELD — got to move fast. Life At times all three of these Casualty types willl be looked at at Liability once. Some areas lend themselves to lumping.

some don't (insurable interest)

Ins. (2) ✓CHAPTER I — WHAT IS INSURANCE.

(71—90) Pretty academic. Usually not much of a problem. But sometime it's imp. whether you've got an ins. relationship or not.

(Where this question might arise) 1) If you've got state legislation regulating ins., it's imp. whether a co. is doing an ins business or not. 1st 2 Cases

Have atty. gen. of state trying to oust co. for doing ins. business.

a) Reserve requirements

2) "Illegal И" defense — {(...) there}

3) Bankruptcy Act

4) Testator

Areas of liability w/out fault — work. comp., dangeorus exp. product liability. This (GOOD PUZZLE) is a form of insurance, isn't it. Yes

State regulation?? Jesus, I hope not. But logically ought to be applied.

Could get them under "insurance" — but some decisions that seem to approach thing from the point of view what would be accomplished by calling the thing in question insurance.

Ins. (3)

✓"Stuck in the snow, we'll pay the tow" — is this insurance???

INS??

YES, insurance NO, insurance (prior) Standard Oil — Western Auto — broad laws broad K guarantee in X. Held: Ins. guarantee but in practice Got to stop or get license agents paying exactly II to sell ins. to what was pd. in West— ern Auto. Held: No ins. INS. WARRANTY Outside product Inherent product

Looks like it just drawing line here. Stopping K inq. for ins. Keep ins. separate & distinct.

Casket co. case

Sometimes tough to dist: 1) Guaranty 2) Service if something [happ.]

Ins. (4) Annuity w's — not ins., even where pro— mise unlimited.