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Country Bankers Insurance Corp. vs. T.I.& S.C. Etal

COUNTRY BANKERS INSURANCE CORP., (Formerly Country Bankers Insurance & Surety Co. Inc. ), petitioner, vs. THE TRAVELERS INSURANCE AND SURETY CORP., and THE HONORABLE COURT OF APPEALS, respondents.

G.R. No. 82509 | 1989-08-16

D E C I S I O N


CORTES, J.:

In the instant case, the Court is once again asked to resolve the issue of whether the one-year prescriptive period under Section 384 of the Insurance Code, prior to its amendment by Batas Pambansa Big. 874, should commence to run from the date of The accident or from The rejection of The claim by the insurer.

The Court, after a careful examination of The pleadings filed in this case, i.e., the Petition and its Annexes, the Comment, Reply, Rejoinder and Sur-Rejoinder, considered The issues joined and the case submitted for decision.

The pertinent facts of This case are undisputed:

On May 24, 1979, a...