Home Insurance Company v. Caterpillar, Inc.

McMurray, Presiding Judge.

The Home Insurance Company and Fireman’s Fund Insurance Companies, plaintiffs, brought suit against Caterpillar, Inc. (“Caterpillar”) and Carlton Company (“Carlton”) in the State Court of Chat-ham County. They alleged that they insured the personal property of M. C. Anderson Construction Company (“Anderson”); that Anderson purchased a 963 Track-Type Front End Loader from defendant Carlton, an authorized Caterpillar dealer; and that the loader was “designed, manufactured and distributed” by defendant Caterpillar. The plaintiffs also alleged that, while the loader was…