Vargas v. Nautilus Insurance

The opinion of the court was delivered by

Abbott, J.:

The plaintiffs, Thomas Robert Vargas and Peoples National Bank (Bank), appeal from summary judgment granted in favor of Nautilus Insurance Company (Nautilus), Chris-Leef General Agency (Chris-Leef), and Bud Hamm Insurance & Real Estate, Inc., (Hamm). At issue is whether an insurance policy on a building and its contents was in force on the date the building and contents were destroyed by fire. Also at issue is the Bank’s status under the policy.

Vargas owned Robert’s Body Shop. The Bank had an insurable interest both in the building…