Canyon Country Store v. Bracey

DURHAM, Justice:

Defendants Norton Edward Braeey, Excess Insurance Company, Slater Walker Insurance Company, and Bellefonte Reinsurance Company (the insurers) appeal from a jury verdict and damage award in favor of plaintiff Canyon Country Store (Canyon Country). Canyon Country has cross-appealed.

On appeal, the insurers assert the following: (1) Canyon Country did not bring suit against the insurers within the one-year limit prescribed by the insurance policy; (2) Canyon Country destroyed the insurers’ subrogation rights; (3) Canyon Country committed fraud in its application for insurance from…