Pittsburgh National Bank v. Motorists Mutual Insurance

Quillin, Presiding Judge.

The question presented in this appeal is whether a loss payable clause contained in an automobile insurance policy requires payment to the mortgagee where the insured has intentionally destroyed the car. We affirm the trial court’s decision, and hold that appellee Pittsburgh National'Bank, (“Pittsburgh”) the mortgagee, was entitled to payment under the policy.

Robert Peterson purchased a Chevrolet Blazer and executed a security agreement with Pittsburgh. The agreement listed the Blazer as collateral and required Peterson to maintain insurance upon it. Peterson…