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CALVERT FIRE INS. CO. v. FRANCIS

No. 75-316.

532 S.W.2d 429 (1976)

CALVERT FIRE INSURANCE CO., Appellant, v. Gerald FRANCIS et al., Appellees.

Supreme Court of Arkansas.

February 17, 1976.

Attorney(s) appearing for the Case

Matthews, Purtle, Osterloh & Weber by Gail O. Matthews and Roy Gene Sanders, Little Rock, for appellant.

Hardin & Rickard by Curtis E. Rickard, Benton, Smith, Williams, Friday, Eldredge & Clark by Frederick S. Ursery, Little Rock, for appellees.

GEORGE ROSE SMITH, Justice.

In 1973 the plaintiff, Gerald Francis, a dealer in travel trailers and campers, sustained a fire loss of $27,085.64. Two insurers, Calvert Fire Insurance Company and Lloyd's of London, had issued policies covering the damaged property. Calvert paid $14,046.61 of the loss, as its asserted pro rata share, and contended that Lloyd's was liable for the remaining $13,039.03. Lloyd's admits liability for only $150, the value of a used unit not...

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