The Money Store/Massachusetts, Inc. v. Hingham Mutual Fire Insurance

We granted an application of Hingham Mutual Fire Insurance Company (Hingham Mutual) for further appellate review in this case. The Appeals Court affirmed a judgment of the Superior Court and held that Hingham Mutual, the homeowner’s insurer of residential property that had incurred fire damage as a result of the wrongful act of the owner, was *299obligated to pay the second mortgagee, the Money Store/ Massachusetts, Inc. (Money Store), the net proceeds that Hing-ham Mutual obtained from the foreclosure sale of the first mortgage. Money Store/Mass., Inc. v. Hingham Mut. Fire Ins. Co., 46 Mass.…