CLEMENS, Commissioner.
This action on a fire insurance policy presents two briefed issues. First, does a straw party insurer have an insurable interest in insured property? Second, does an obligor on a promissory note, secured by a deed of trust on property, have an insurable interest in that property? We say yes and therefore need not consider the straw party issue.
Plaintiff Margaret Wrausmann had a $5,200 verdict and judgment against the defendant insurer...
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