Legal Opinion
Midwest Office Technology, Inc. v. American Alliance Insurance Co.
Supreme Court of Iowa
Decided March 22, 1989No. 88-602PublishedCited by 5 opinions
1Opinion of the Court
SCHULTZ, Justice.
This appeal arises out of a dispute over the amount of insurance policy coverage provided for inventory. The insurer maintains the extent of coverage is limited by a reporting provision in the policy. However, the trial court ruled in favor of the insured, awarding the face amount of the policy. We reverse.
Midwest Office Technology, Inc. (Midwest) purchased a business protection insurance policy from the American Alliance Insurance Company (American) covering losses of inventory up to $600,000. Because its inventory fluctuated, Midwest selected a policy that provided variable…
2Cases cited22 opinions
- Alaska Foods, Inc. v. American Manufacturer's Mutual Insurance Co.Alaska Supreme Court · 1971
- Six L'S Packing Co. v. Florida Farm Bur. Mut. Ins. Co.District Court of Appeal of Florida · 1972
- Six L'S Packing Company, Inc. v. Florida Farm Bureau Mutual Insurance Co.Supreme Court of Florida · 1973
- Peters v. Great American Ins. Co.Court of Appeals for the Fourth Circuit · 1949
- Camilla Feed Mills, Inc. v. St. Paul Fire & Marine Ins.Court of Appeals for the Fifth Circuit · 1949
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3Cited by5 opinions
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- First United Bank v. First American Title InsuranceNebraska Supreme Court · 1993
- Schneider Leasing, Inc. v. United States Aviation Underwriters, Inc.Supreme Court of Iowa · 1996
- Dalton Buick, Oldsmobile, Pontiac, Cadillac, Inc. v. Universal Underwriters InsuranceNebraska Supreme Court · 1994