Ionian Corp. v. Country Mutual Insurance

OPINION AND ORDER

STEWART, United States Magistrate Judge:

INTRODUCTION

This action arises out of a fire on August 25, 2009, which destroyed a warehouse owned by plaintiff Ionian Corp. (“Ionian”) and leased to Precision Seed Cleaners, Inc. (“Precision Seed”). On October 1, 2009, Ionian filed a proof of claim with defendant Country Mutual Insurance Company (“Country Mutual”) for amounts due under an insurance policy purchased by Precision Seed from Country Mutual. Country Mutual refused coverage because Ionian was not named as a loss payee or an additional insured in the insurance policy.

Ionian…