Wilmering v. Lexington Insurance Co.

SMITH, Judge.

Plaintiffs, as statutory trustees of the Cotton Blossom Corporation and individually, sued Lexington Insurance Company, Lawton-Byrne-Bruner Insurance Agency and Stoehner Security, Inc. to recover losses sustained by the corporation and damages allegedly sustained by the individuals as a result of the sinking of the Cotton Blossom in the Mississippi River. The jury found for Lexington on plaintiffs’ claim based on a marine insurance policy. That claim was in two counts, the first seeking recovery under the policy and the second seeking recovery for vexatious refusal to pay.…