State Farm Fire and Casualty Company, State Farm General Insurance Company v. William Wayne Oliver and Patricia Katherine Oliver

State Farm General Insurance Company (“State Farm”) appeals the order of the United States District Court for the Northern District of Alabama denying its motion for judgment notwithstanding the verdict and, in the alternative, new trial after a jury verdict in favor of William Wayne Oliver and Patricia Katherine Oliver in this diversity action. We affirm.

On July 18, 1984, the Cotton States Insurance Company cancelled the Olivers’ homeowner’s insurance policy because they had failed to make premium payments. Wayne Oliver then began to shop for another policy to insure his farm. On August 13,…