Underwriters at Lloyd's, London v. Kenneth Pike Farmers Mutual Insurance Company, of Gentry Cornerstone Bank

FAGG, Circuit Judge.

Underwriters at Lloyd’s, London (Lloyd’s) appeals the district court’s order holding Lloyd’s liable for the face value of its insurance policy and Farmers Mutual Insurance Company of Gentry (FMIC) not liable to Kenneth Pike after two poultry houses burned down. We reverse and remand.

At the time of the fire, Pike held insurance policies on the poultry houses from both Lloyd’s and FMIC. Each policy contains an escape clause avoiding liability for a loss if other insurance covers the poultry houses. The FMIC policy states: “[T]his Company shall not be liable for loss…