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CENTRAL LIFE INS. v. AETNA CAS. & SUR.

No. 89-1611.

466 N.W.2d 257 (1991)

CENTRAL LIFE INSURANCE COMPANY, Appellee, v. AETNA CASUALTY & SURETY COMPANY, Appellant.

Supreme Court of Iowa.

February 20, 1991.

Attorney(s) appearing for the Case

Robert V.P. Waterman and Thomas D. Waterman of Lane & Waterman, Davenport, for appellant.

Mark McCormick and Margaret C. Callahan of Belin, Harris, Helmick, Tesdell, Lamson, McCormick, P.C., Des Moines, for appellee.

Considered en banc.

SCHULTZ, Justice.

This appeal presents issues arising out of an appraisal provision in a fire insurance policy. Central Life Insurance Company (Central) was the insured under a policy issued by Aetna Casualty and Surety Company (Aetna). Following a fire loss on June 23, 1987, Central invoked the appraisal process under the policy resulting in an award of $522,233. Aetna filed a declaratory judgment action in district court seeking to vacate the award. Central not...

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