Amatullis, Inc. v. Great Central Ins.

The defendant, Great Central Insurance Co., appellee herein, issued a policy of insurance to the plaintiff, Amatullis, Inc., appellant herein, covering the contents of a grocery store located in Dayton, Ohio, operated by Joseph Amatulli. The insurance policy included an endorsement which extended coverage to a loss of earnings resulting from business interruption. Thereafter, on June 16, 1967, the store was destroyed by fire.

The amount of the loss was in dispute, and both sides entered into arbitration through representatives named pursuant to the appraisal provision of the insurance policy.…