MINNEHOMA INS. v. OKLAHOMA ST. BD. FOR PROP. & CAS. RATES

No. 49378.

562 P.2d 1152 (1977)

MINNEHOMA INSURANCE COMPANY, an Oklahoma Insurance Corporation, Appellant, v. The OKLAHOMA STATE BOARD FOR PROPERTY AND CASUALTY RATES, Appellee.

Supreme Court of Oklahoma.

April 12, 1977.


Attorney(s) appearing for the Case

Doerner, Stuart, Saunders, Daniel & Langenkamp, William C. Anderson, Tulsa, for appellant.

Richard F. Berger, Jim D. Prock, Associate Counsel, Oklahoma Insurance Commission, Oklahoma City, for appellee.


LAVENDER, Vice Chief Justice:

Minnehoma Insurance Company (Company), an Oklahoma insurance corporation, by an independent filing, sought approval of a certain insurance policy form. The filed policy would modify a kind of casualty insurance coverage known as "vendor's single interest (VSI)" so as to provide a dual interest protection to both lenders and debtor-owners.

After hearing, the State Board for Property and...

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