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UNDERWRITERS AT LLOYD'S, LONDON v. PIKE

No. 92-1230.

977 F.2d 1278 (1992)

UNDERWRITERS AT LLOYD'S, LONDON, Appellant, v. Kenneth PIKE; Farmers Mutual Insurance Company, of Gentry; Appellees, Cornerstone Bank.

United States Court of Appeals, Eighth Circuit.

Decided October 21, 1992.

Attorney(s) appearing for the Case

Clayton H. Farnham, Atlanta, Ga., argued (Clayton H. Farnham and Peter H. Schmidt, II, Atlanta, Ga., and John C. Everett, Fayetteville, Ark., on the brief), for appellant.

Katherine C. Gay, Fayetteville, Ark., argued (Walter R. Niblock and Katherine C. Gay, on the brief), for appellees.

Before McMILLIAN, Circuit Judge, BRIGHT, Senior Circuit Judge, and FAGG, Circuit Judge.

FAGG, Circuit Judge.

Underwriters at Lloyd's, London (Lloyd's) appeals the district court's order holding Lloyd's liable for the face value of its insurance policy and Farmers Mutual Insurance Company of Gentry (FMIC) not liable to Kenneth Pike after two poultry houses burned down. We reverse and remand.

At the time of the fire, Pike held insurance policies on the poultry houses from both Lloyd's and FMIC. Each policy contains an escape clause avoiding liability...

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