Western Express, Inc. v. Interested Underwriters at Lloyd's

OPINION

CANTRELL, Judge.

This appeal raises the question of whether Tenn.Code Ann. § 56-37-110(d) requires an insurer of personal property to notify lien-holders that the coverage has been cancelled before the cancellation is effective as to the property owner. We affirm the chancellor’s decision resolving the question against the property owner.

I

Western Express is in the trucking business. On August 28, 1993 Western obtained insurance coverage on its tractor-trailers through Interested Underwriters at Lloyd’s London. The policy contained the names of a bank and an individual as additional loss…