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STATE FARM AUTO. INS. CO. v. RAYMER

Nos. S-8296, S-8315.

977 P.2d 706 (1999)

STATE FARM AUTOMOBILE INSURANCE COMPANY, Appellant/Cross-Appellee, v. Tammy L. RAYMER, Appellee/Cross-Appellant.

Supreme Court of Alaska.

March 26, 1999.

Attorney(s) appearing for the Case

Joe M. Huddleston, Hughes Thorsness Powell Huddleston & Bauman LLC, for Appellant/Cross-Appellee.

David Karl Gross, Law Offices of Murphy L. Clark, Anchorage, for Appellee/Cross-Appellant.

Before: MATTHEWS, Chief Justice, COMPTON, EASTAUGH, FABE, and BRYNER, Justices.

OPINION

EASTAUGH, Justice.

I. INTRODUCTION

In Alaska, an innocent co-insured may recover insurance proceeds for his or her interest in property even if the other co-insured is responsible for its destruction. But Alaska law also requires an insured to have an "insurable interest" in the property to recover insurance proceeds. The superior court granted summary judgment to Tammy Raymer on her contract claim against State Farm, concluding...

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