Piro v. Pekin Insurance Co.

Plaintiffs Charles E Piro and Piro TV, Heating and Air Conditioning, Inc., commenced this action to recover the proceeds of a fire insurance policy based on the destruction by fire of the business premises. The circuit court entered summary judgment against both plaintiffs, who appeal.

Fire destroyed the premises of the corporate plaintiff on October 19, 1982. Mr. Piro owned the corporation. The fire insurance policy for the premises entitled defendant (1) to examine and audit the insured’s books and records “as far as they relate to the subject matter of this insurance,” and (2) in the event…