Utica Mutual Insurance Co. v. Precedent Companies

OPINION

NAJAM, Judge.

STATEMENT OF THE CASE

Utica Mutual Insurance Company ("Uti-ca") appeals from the trial court's entry of summary judgment in favor of Precedent Companies, LLC ("Precedent"). 1 Utica presents two issues on appeal, one of which we find dispositive: whether the trial court erred as a matter of law when it determined that the insurance policy Utica issued to Precedent covers Precedent's claimed loss.

We reverse and remand with instructions. 2

FACTS AND PROCEDURAL HISTORY

On November 11, 1998, Precedent issued check number 41719 in the amount of $134,817.12 made payable to Fidelity…