Vernon Foodliner, Inc. v. Central Mutual Insurance

The intervening plaintiff, in this action brought to recover insurance proceeds pursuant to a standard mortgage loss payable clause, appeals 1 from the trial court’s judgment in its favor, claiming that the court erred in refusing to award statutory interest. The named plaintiff cross appeals claiming that there were issues of material fact which precluded the trial court from granting the motion of the intervening plaintiff for summary judgment.

The uncontroverted facts in this case are as follows. The plaintiff Vernon Foodliner, Inc., (Vernon) was the named insured on a fire insurance policy…