Nationwide Insurance Company v. Central Missouri Electric Cooperative, Inc., Federated Rural Electric Insurance Corporation
Court of Appeals for the Eighth Circuit
1Opinion of the Court
WOLLMAN, Chief Judge.
Federated Rural Electric Insurance Corporation (Federated) appeals the district court’s 1 judgment that it is contractually obligated to indemnify the Central Missouri Electric Cooperative (CMEC) for the settlement of a tort suit filed by Richard and Ruth Balke and the court’s allocation of damages between Federated and Nationwide Insurance Company (Nationwide) pursuant to a time on the risk analysis. We affirm.
I. BACKGROUND
A. The Underlying Lawsuit
In 1992, Richard and Ruth Balke, then the co-owners of a dairy farm located near Cole Camp, Missouri, filed suit in Missouri…
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