Nationwide Mutual Insurance v. Commercial Bank

HOWARD, Judge:

This is a declaratory judgment action brought by Nationwide Mutual Insurance Company (Nationwide) to determine if Commercial Bank (Bank), as lienholder, is entitled to recover for the destruction of a 1990 Ford truck owned by Clarence W. Brown (Brown) and insured under a Nationwide automobile policy providing collision and comprehensive coverage. The trial court found coverage was afforded to the Bank because (1) the contract was ambiguous and should be construed in favor of coverage; and (2) the Bank was an innocent co-insured. We reverse. 1

I.Facts

On or around May 15,1992,…