Hoosier Ins. Co., Inc. v. Mangino

NEAL, Presiding Judge.

STATEMENT OF THE CASE

Defendant-appellant Hoosier Insurance Company, Inc. (Hoosier) appeals a judgment entered in Vigo Superior Court upon a jury verdict in favor of plaintiffs-appel-lees Charles R. Mangino and Diane S. Man-gino (Manginos) for damages resulting from a breach of contract. Hoosier challenges the trial court’s judgment awarding punitive damages.

We reverse.

STATEMENT OF THE FACTS

The facts most favorable to the judgment disclose that on the morning of December 22, 1976, a home which the Manginos were purchasing on contract from John and Norma Walker (Walkers)…