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STATE FARM FIRE AND CAS. INS. CO. v. MOBLEY

No. CA 81-451.

636 S.W.2d 299 (1982)

STATE FARM FIRE AND CASUALTY INSURANCE COMPANY, Appellant, v. Jeff MOBLEY, Appellee.

Court of Appeals of Arkansas.

Rehearing Denied August 18, 1982.

Attorney(s) appearing for the Case

Laser, Sharp & Huckabay, P.A., Little Rock, for appellant.

Mobley & Smith by William F. Smith, Russellville, for appellee.

CORBIN, Judge.

A Pope County Circuit Court jury returned a verdict in favor of the appellee in the sum of $619.03 and judgment was entered on April 20, 1981. The appellee had sought a recovery for damages to his diamond ring in the amount of $4,754.00 plus penalties and attorney's fees. The appellant, State Farm Fire and Casualty Insurance Company, admitted that the ring was insured at the time of the loss; but contended its liability was limited to costs incurred...

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