Provident Bank v. Tennessee Farmers Mutual Insurance

ROGERS, Circuit Judge.

Robert and Julie Mathis obtained a mortgage on their house from Plaintiff-Appellant Provident Bank (“the Bank”) and insured the house with Defendant Appellee Tennessee Farmers Mutual Insurance Company (“TFM”) against, among other things, the risk of loss from fire. The insurance policy named the Bank as an insured. The Bank initiated foreclosure proceedings against the Mathises, but those proceedings were stayed because the Mathises filed a voluntary petition for bankruptcy. Subsequently, the Mathises’ house burned to the ground. TFM refused to pay the Bank’s claim,…