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Allstate Insurance Company v. First

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eBook details

  • Title: Allstate Insurance Company v. First
  • Author : Supreme Court of Tennessee
  • Release Date : January 27, 1988
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 58 KB

Description

COOPER, JUSTICE The issue on appeal is whether a Homeowner's policy issued by First of Georgia Insurance Company provided coverage to Lloyd
Lawson and his wife, Beulah Lawson, at the time their house was destroyed by fire. If so, the parties concede that Allstate
Insurance Company is entitled to recover from First of Georgia one-half of the payment made by Allstate, who had coverage
under a binder issued by them before the fire loss. 1 The chancellor found the First of Georgia policy to be in force on
March 10, 1985, the date the fire loss occurred. The Court of Appeals agreed with the trial court's finding that the First
of Georgia policy had not been cancelled in either of the two ways set forth in the policy, but found that the "policy was
validly cancelled by the agreement of the parties as of the date the Allstate policy became effective," and reversed the judgment
of the trial court. On reviewing the record, we have concluded that the evidence does not support the finding of the Court
of Appeals, and reverse the judgment of that court.


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