Nationwide Mutual Fire Insurance v. Rhee

Banke, Judge.

The plaintiffs leased space for a clothing store in a building which was later destroyed by fire. Alleging that the loss of their inventory and leasehold improvements was covered by a policy of casualty insurance issued by the defendant, they brought this suit to recover for the loss. They also sought the award of a bad-faith penalty and attorney fees pursuant to Code Ann. § 56-1206.

Plaintiff Rhee is the named insured under the policy. The co-plaintiff, Accent of Atlanta, Inc., is a corporation which he owns and operates as president and sole shareholder. Apparently, all or most…