(Download) "State Farm General Insurance Co. v. Clifton" by New Mexico Supreme Court * eBook PDF Kindle ePub Free

July 15, 2021

eBook details

Title: State Farm General Insurance Co. v. Clifton
Author : New Mexico Supreme Court
Release Date : January 18, 1974
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 62 KB

Description

The plaintiff, State Farm General Insurance Company (hereinafter called "the Company"), brought an interpleader action alleging that it was the insurer of a residence in the amount of five thousand dollars ($5,000), and requested a determination of entitlement to the proceeds of the policy between the contract sellers and the contract buyers under a real estate contract for the sale of said residence located in Albuquerque, New Mexico. The parties to the contract were Mr. and Mrs. Richard C. Clifton, as sellers, and Mr. and Mrs. Bensslow Baca, as buyers. Mrs. Clifton, then being divorced, filed a counterclaim against the Company for punitive and general damages alleging, in general, unreasonable delay in payment of the loss. The punitive claim was dismissed, and the claim for general damages proceeded to the jury.