Louisiana Farm Bureau Mutual Insurance v. Underwriters at Lloyds, London

J2SHORTESS, Judge.

Paul Pécora purchased a home in Pontcha-toula, Louisiana, from Central Progressive Bank of Amite (CPB).1 CPB provided financing for the purchase. The home was initially insured by Louisiana Farm Bureau Mutual Insurance Company (plaintiff). On February 24, 1994, plaintiff advised Pécora his policy was being canceled for nonpayment of membership dues. On March 24, 1994, plaintiff wrote to CPB and advised it Pe-cora’s policy had been canceled. That unsigned letter further provided, “In accordance with the Mortgage Clause, we will continue to protect your interest until 12:01…