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ST. PAUL FIRE & MARINE INS. CO. v. PEARSON CONST. CO.

No. 49A04-8705-CV-152.

547 N.E.2d 853 (1989)

ST. PAUL FIRE & MARINE Insurance Company and Insurance Company of North America, Appellees-Appellants, v. PEARSON CONSTRUCTION COMPANY AND UNITED MECHANICAL CONTRACTORS, Inc., Appellants-Appellees.

Court of Appeals of Indiana, Fourth District.

Opinion on Petition for Rehearing March 8, 1990.

Attorney(s) appearing for the Case

James A. Goodin, Jon C. Abernathy, Goodin & Kraege, Indianapolis, for appellees-appellants.

Charles Gaddy, Gaddy & Gaddy, Rodney V. Taylor, Indianapolis, for appellants-appellees.

MILLER, Judge.

St. Paul Fire & Marine Insurance Company [St. Paul] and Insurance Company of North America [INA] (hereinafter referred to collectively as the Insurance Companies) paid $26,915.00 and $65,779.58 respectively for water damage to the property of their insured, J.C. Sipe [Sipe], a retail jeweler, allegedly caused by the failure of a valve in a cold water line in Sipe's tenant space in the AUL Tower, in Indianapolis. The Insurance Companies then brought...

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