Canal Insurance v. Savannah Bank & Trust Co.

Carley, Judge.

Appellee-plaintiff Savannah Bank and Trust Company (Bank) brought the instant action, alleging that it was both the loss payee and the assignee of a claim under an insurance policy issued to one of its debtors by appellant-defendant Canal Insurance Company (Canal). The Bank sought to recover for the loss resulting from the theft of two automobiles, plus interest and attorney fees. After hearing the evidence presented at a bench trial, the trial court made findings of fact and conclusions of law and entered judgment in favor of the Bank. Canal appeals from the judgment entered in…