Ben Rybke Co. v. Royal Globe Insurance

*835JOSEPH, C. J.

This is an appeal by an insured party from judgments in favor of its insurers, Royal Globe Insurance Company (Royal Globe) and St. Paul Fire and Marine Insurance Company (St. Paul), in an action to recover insurance proceeds for insured fire losses. Defendants asserted that plaintiffs action is barred by the one-year limitation period in the defendants’ policies and ORS 743.660.1 Plaintiff asserted an estoppel against the insurers’ reliance on the limitation. The trial court found for the insurers on both issues. We affirm.

On February 7, 1977, plaintiffs place of business was…