Bacich v. Homeland Insurance Co. of America

Loeing, Justice.

Plaintiff owned a lot on which there was a building mortgaged to defendant Mike Luzaich for $2,000 plus interest. Luzaich burned the building and was convicted of arson. The loss was adjusted with defendant insurance company at $2,005.50 but was not paid. Plaintiff sought recovery from Luzaich of the loss by asking the court to cancel the mortgage debt in satisfaction of his damages. This was done. Now plaintiff seeks recovery from the insurance company of the amount at which the loss was adjusted. He charges the other defendants with conspiracy to prevent his recovery from…