Aetna Insurance v. California Union Insurance

This is an appeal from two consolidated lawsuits in which the parties sought a declaration of the rights and obligations of several insurers of personal property owned by The Farm Store, Incorporated, and in which Kraml Dairy, Incorporated, had a security interest. The trial court granted summary judgment for Aetna Insurance Company and five other insurance companies, all of which had insured The Farm Store, holding that California Union Insurance Company, which had issued a policy naming The Farm Store as the insured and Kraml as the loss payee, was required to share in loss payments to The…