National Surety Corp. v. Seale

ON MOTION FOR REHEARING

Respondent Seale brought suit against National Surety Corporation to recover on a “blanket crime policy” for the loss of a coin collection that was missing from his office after a burglary. National Surety Corporation denied coverage. In a trial before the court, the court held that the coin collection was covered by the policy and that the “value” of the coins exceeded the policy limits. Seale was given judgment in the amount of the $10,000 policy limit, less the $100.00 deductible.

The Court of Civil Appeals affirmed, holding that the coin collection was within the…