Link v. Federated Mutual Insurance Co.

ERICKSTAD, Chief Justice.

Kelly, Inc., and Wayne Link [hereinafter collectively referred to as “Kelly”] appeal from a district court judgment dismissing their action against Federated Mutual Insurance Company [Federated]. We affirm.

Federated issued a “Special Multi-Peril Policy,” including a “Special Building Form” and an “Implement Dealers Stock Floater Endorsement,” to Kelly. The effective dates of the policy were April 1, 1983, through April 1, 1984. On February 18, 1984, cash in the amount of $7,777.61 was stolen from Kelly’s business premises.

Kelly sought reimbursement for the lost cash…