Wakefield v. Federated Mutual Insurance Co.

COYNE, Justice.

The issue for decision is the propriety of the trial court’s ruling that personal injury protection coverages afforded by a business auto policy insuring fourteen corporately owned motor vehicles may be stacked.

On March 14, 1979, Clyde Wakefield, the president of Bill Kepple Machinery, Inc., was fatally injured while riding in a customer’s automobile. Federated Mutual Insurance Company (Federated) paid survivors economic loss benefits of $10,000, asserting that that amount exhausted the limits of the personal injury protection afforded under its policy insuring Bill Kepple…