Columbia National Insurance v. Freeman

R AY THORNTON, Justice.

On October 27, 1997, a fire caused major damage to Circle F Trading Company, a western wear and general store, owned and operated by appellees, Gary and Peggy Freeman. The Freemans were insured against losses to the building, its contents, continuing business expenses, and other coverage, by appellant, Columbia National Insurance Company. Appellant responded prompdy to the notice of the fire and concluded that the inventory was destroyed.

Before it would pay for appellees’ continuing business expenses, appellant requested that appellees provide it with an itemization of…