LASMA CORP. v. MONARCH INS. CO. OF OHIO

Nos. CV-87-0315-PR, 2 CA-CV 87-0093.

159 Ariz. 55 (1987)

764 P.2d 1114

LASMA CORP., an Arizona corporation; Lasma Arabians, Ltd., a limited partnership; William C. Zekan and Betty Zekan, husband and wife, Plaintiffs/Appellees/Cross-Appellants, v. The MONARCH INSURANCE COMPANY OF OHIO, an Ohio corporation; and Frelinghuysen Livestock Managers, Inc., Defendants/Appellants/Cross-Appellees.

Court of Appeals of Arizona, Division 2, Department B.

May 12, 1987.


Attorney(s) appearing for the Case

Lewis and Roca by Foster Robberson, Susan M. Freeman, Phoenix, for plaintiffs/appellees/cross-appellants Lasma.

Rawlins, Burrus, Lewkowitz & Feinstein, P.C. by R. Stewart Halstead, and Jeffrey S. Leonard, Phoenix, for plaintiffs/appellees/cross-appellants Zekan.

Fisher & Smith by H. Richmond Fisher, Phoenix, and Raggio, Jaffe & Kayser by H. Miles Jaffe, New York City, for defendants/appellants/cross-appellees.


OPINION

LACAGNINA, Judge.

Monarch Insurance Company and its managing agent, Frelinghuysen Livestock Managers, Inc. (FLM), appeal from a jury verdict and judgment awarding William and Betty Zekan and Lasma Corporation compensatory and punitive damages, and from orders of the trial court denying motions for judgment n.o.v. and new trial.

The case arises from a claim made on an insurance policy insuring the life of a horse euthanized after the issuance...

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