Pacific Coast Title Insurance v. Hartford Accident & Indemnity Co.

CROCKETT, Justice.

This case is cognate to Prudential Federal Savings & Loan Association v. Hartford Accident & Indemnity Co., 7 Utah 2d 366, 325 P.2d 899, and the background facts set forth therein are pertinent here. The pláintiff, Pacific Coast Title Company, was involved in the transaction because it wrote the policies of title insurance on the homes constructed in the Morningside Heights Subdivision. The contract required it to issue a policy on each home before the mortgage was accepted and the loan approved by Prudential Federal Savings Company so money could be advanced under the…