Israel v. Farmers Mutual Insurance Ass'n of Iowa

WOLLE, Justice.

In this appeal we address questions of issue preclusion and indemnity arising out of the second of two lawsuits involving an insurance company and its agent. The trial court entered judgment against the insurance agent on his claim for indemnity and we affirm. In order that the issues raised by the agent on appeal can more clearly be understood, it is necessary that we first summarize the underlying factual background and identify the issues that were litigated in the first lawsuit.

Plaintiff George Israel [Israel] owned and operated the Finney Insurance Agency which was…