Walker v. State Farm Fire & Casualty Co.

OPINION

DAVIES, Judge.

Appellant insurance company challenges a summary judgment declaring that it was required to defend respondent in an action brought against him on his alleged guaranty on a loan to his son. We reverse and remand.

FACTS

It is not disputed that Walter Walker, son of respondent Stuart Walker, forged his father’s signature on a revolving loan guarantee. Walter Walker later defaulted on a promissory note related to the guaranteed loan, and the bank sued Stuart Walker to recover the unpaid principal and interest. Stuart Walker (hereafter “insured”) tendered the defense to…