Two Rivers Bank v. Federal Insurance

VERDICT

Trial
09/27/10 – 

Summary

Three day jury trial.

Via the Des Moines Register: "West Des Moines developer John Kline obtained a $4 million homeowners policy from American Family Insurance just eight days before his home burned to the ground — a fire that company now alleges was intentionally set by Kline and his wife, Michelle.

Court records show the Klines purchased that policy less than a month after another insurer, Federal Insurance Co., canceled their homeowners policy for failure to pay the premium.

The new details of how and when the Klines insured their 13,000-square-foot home — valued in bankruptcy documents at $1.1 million to $4 million — were made public in a legal dispute in Polk County District Court between Two Rivers Bank and Trust, a West Des Moines bank, and Federal Insurance, a subsidiary of the mammoth Chubb Group of Insurance Companies.

What's unfolding is a multisided legal battle over who will take the financial hit for the February 2009 fire at 3536 129th St. in Urbandale. Federal and state investigators have remained mum on whether the cause of the fire was arson."

http://www.desmoinesregister.com/article/20100830/NEWS/8300316/-1/GETPUBLISHED03wp-rss2.php/West-Des-Moines-developer-landed-insurance-policy-8-days-before-fire

Outcome

Verdict for the defense

Case Information
Attorneys
Witnesses
Plaintiff
Defense
Case Number
05771 EQCE063580
Industry
Insurance
Practice Area
Insurance
Expert Witnesses
    Lay Witnesses

      Sessions

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