AMERICAN BANKERS' INSURANCE COMPANY OF FLORIDA, Fidelity Financial Services, Inc. and Fidelity Acceptance Corporation,
v.
Linda M. WELLS and James E. Oliver.
Supreme Court of Mississippi.https://leagle.com/images/logo.png
December 6, 2001.
December 6, 2001.
Attorney(s) appearing for the Case
W. Scott Welch, III, Robert M. Frey, Butler, Snow, O'Mara, Stevens & Cannada, PLLC, Jackson, Franklin G. Burt, Roland C. Goss, Charles E. Griffin, Jackson, James W. Craig, Ross F. Bass, Jr., William C. Brabec, Phelps Dunbar LLP, Jackson, Attorneys for Appellants.
William R. Couch, John M. Deakle, John M. Deakle, P.A., Hattiesburg, Forrest Marvin Morris, III, Anthony Sakalarios, Morris & Sakalarios, Hattiesburg, John Michael Sims, Heidelberg, Attorneys for Appellees.
EN BANC.
Supreme Court of Mississippi.
WALLER, Justice, for the Court:
¶ 1. Fidelity Financial Services, Inc.1 is in the business of providing consumer loans. It financed the purchase of automobiles by both Linda M. Wells and James E. Oliver. Fidelity required both Wells and Oliver to obtain and maintain insurance to protect Fidelity's security interest in the automobiles. Under the terms of the security agreement, if the automobile...
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