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FIRST BANK v. GRAIN DEALERS MUT. INS. CO.

No. 64A03-8902-CV-65.

547 N.E.2d 904 (1989)

The FIRST BANK of Whiting, Appellant (Plaintiff below), v. GRAIN DEALERS MUTUAL INSURANCE COMPANY, Appellee (Defendant below).

Court of Appeals of Indiana, Third District.

December 27, 1989.

Attorney(s) appearing for the Case

Robert E. Stochel, O'Drobinak, Stochel and Austgen, P.C., Crown Point, for appellant.

Paul A. Rake, Eichhorn, Eichhorn and Link, Hammond, for appellee.

HOFFMAN, Judge.

Appellant First Bank of Whiting appeals a trial court judgment in favor of Grain Dealers Mutual Insurance. The facts indicate that on January 23, 1984 a fire damaged Parr Elevator's grain inventory. First Bank held a security interest in Parr Elevator's damaged inventory. Grain Dealers Mutual insured the grain inventory with a policy covering the period March 19, 1979 to March 19, 1984. Parr Elevator obtained the policy and was named loss payee on...

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