Conestoga Chemical Corp. v. F. H. Simonton, Inc.

CAREY, Justice.

F. H. Simonton, Inc. (Simonton), an insurance broker and appellee herein, initiated an action in Superior Court against Conestoga Chemical Corporation (Conestoga), appellant and Wilmington Industrial Park, Inc. (Park), appellee, for a declaratory judgment determining Simonton’s liability, if any, to Conestoga and Park for loss caused by the alleged failure of Si-monton to procure the agreed amount of fire insurance upon two buildings owned by Park and leased to Conestoga, and the contents thereof owned by Conestoga. Conestoga and Park had claimed the amount of $100,000 from…