Wisconsin Screw Company v. Fireman's Fund Insurance Company

CASTLE, Circuit Judge.

Wisconsin Screw Company, plaintiff-appellant, brought this diversity action in the District Court to recover $1,284,-646.27 and interest on a fire insurance loss under three fire insurance policies issued in Wisconsin by Fireman’s Fund Insurance Company, defendant-appellee. The policies aggregated a total of $1,300,-000.00 of insurance with a ninety per cent co-insurance clause and covered the building and contents of plaintiff’s screw machine products manufacturing plant located at Racine, Wisconsin.

The cause was tried to the court without a jury. After an extended…