Costley v. State Farm Fire & Casualty Co.

ON REMAND FROM THE SUPREME COURT

BOYD, Justice.

Appellants Andy Costley (Andy) and Cathy Costley (Cathy) bring this appeal from a 1991 judgment in favor of appellee State Farm Fire and Casualty Company wherein appellee was allowed to rescind a Homeowners Insurance Policy issued to appellants. For reasons later stated, we reverse that judgment.

For a proper discussion of the issues in this appeal, it is necessary to review the somewhat complicated history leading to the judgment challenged by this appeal. On December 31, 1988, Cathy’s truck, tractor, and other personal property were destroyed by…