Hawkeye-Security Insurance Co. v. Reeg

This appeal presents the question whether one insured under a homeowner's policy who executes a quitclaim deed to the property, which deed is later declared by court order to be null and void, had an insurable interest in the property when a fire occurred after the time of the execution of the deed and before the declaration of nullity.

The facts are undisputed. The insured, Helen Reeg, a defendant herein, was insured under a homeowner’s policy issued by the plaintiff in this lawsuit, Hawkeye-Security Insurance Company. After the policy had been in effect for some time, Helen Reeg executed a…