Insurance Co. of North America v. Fire Insurance Exchange

RALEIGH BROWN, Justice.

This is a subrogation case. Fire Insurance Exchange sought to recover against *643Insurance Company of North America an alleged pro rata share of a fire loss. Trial to the court resulted in a judgment awarding Fire Insurance Exchange subrogation in the amount of $30,134.00 plus interest. Insurance Company of North America appeals. We reverse and render.

North America urges that the trial court erred in rendering judgment for Fire Insurance because the suit was barred by the contractual limitations period contained in the insurance policy sued upon. We agree.

Fire Insurance…