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GREAT AMERICAN MORTG. v. STATEWIDE INS.

No. 1 CA-CV 96-0353.

938 P.2d 1124 (1997)

189 Ariz. 123

GREAT AMERICAN MORTGAGE, INC. formerly known as S.B.I. Mortgage, Inc., a Utah corporation, d/b/a Security Bancorp of Utah, Inc., d/b/a Security Mortgage; John D. Gilette, a married man dealing with his sole and separate property; James R. Cahoon, a married man dealing with his sole and separate property; Jan W. Smith, an unmarried woman; Maury D. Bergman, a married man dealing with his sole and separate property, Plaintiffs-Appellees, v. STATEWIDE INSURANCE COMPANY, an Illinois Corporation, Defendant-Appellant.

Court of Appeals of Arizona, Division 1, Department E.

Review Denied July 1, 1997.

Attorney(s) appearing for the Case

Udall, Shumway, Blackhurst, Allen & Lyons, P.C. by Gregory L. Miles and E. Douglas Clark, Mesa, for Plaintiffs-Appellees.

Jennings & Haug by Mark E. Barker, Phoenix, for Defendant-Appellant.

OPINION

WEISBERG, Judge.

Statewide Insurance Company ("Statewide") appeals from the trial court's grant of summary judgment against it. For the following reasons, we reverse and remand with instructions to enter judgment in favor of Statewide.

FACTUAL AND PROCEDURAL BACKGROUND

The relevant facts are not in dispute. Security Bancorp, Inc. ("Security"), an Arizona mortgage banking corporation, opened...

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