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UNITED COMPANIES v. STATE FARM & FIRE CAS.

No. BD-362.

477 So.2d 645 (1985)

UNITED COMPANIES LIFE INSURANCE COMPANY and Lillie Marie Goode, Appellants, v. STATE FARM AND FIRE CASUALTY COMPANY, Appellee.

District Court of Appeal of Florida, First District.

Rehearing Granted November 15, 1985.

Attorney(s) appearing for the Case

Thomas M. Brady of Wells, Brown & Brady, P.A., Pensacola, for appellants.

Joe J. Harrell of Harrell, Wiltshire, Stone & Swearingen, Pensacola, for appellee.

MILLS, Judge.

United Companies Life Insurance Company and Goode appeal from an order dismissing their third amended complaint against State Farm and Fire Casualty Company for failure to state a cause of action. They contend the trial court erred. We affirm in part and reverse in part.

Goode borrowed funds from United Companies Financial Corporation. As security for the loan, Financial Corporation received a second...

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