Hallcom v. Allstate Insurance Co.

WEBSTER, Judge.

Appellants, Terry and Bonnie Hallcom, seek review of a summary final judgment entered in a declaratory judgment action involving fire insurance coverage. They raise two issues: (1) whether, on the facts of this case, Florida law permits two companies which had insured the same home to prorate their payments for loss by fire based upon the actual amount of the loss, pursuant to “other insurance” clauses contained in the two policies; and (2) whether payment to them by the insurers of the amount owed to them as mortgagees extinguished the mortgagors’ obligation to them. We…