MFA Mutual Insurance v. Pearrow

J. Fred Jones, Justice.

The appellee, Wesley O. Pearrow, purchased a fire insurance policy from the appellant, MFA Mutual Insurance Company, under the terms of which, appellee’s house and furniture were insured against loss by fire. The house was insured for $4,000 and the furniture for $2,000. Appellee’s house and furniture were damaged by a fire and he made demand upon the appellant for the policy limits of $4,-000 on the house and $2,000 on the furniture. Appellant refused payment and appellee brought suit in the White County Circuit Court for $6,000, plus statutory penalties and attorney’s…