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HOME SAVINGS v. CONTINENTAL INS.

No. B138138.

104 Cal.Rptr.2d 790 (2001)

87 Cal.App.4th 835

HOME SAVINGS OF AMERICA, F.S.B., Plaintiff and Appellant, v. CONTINENTAL INSURANCE COMPANY, Defendant and Respondent.

Court of Appeals of California, Second District, Division One.

Review Denied June 13, 2001.

Attorney(s) appearing for the Case

Augustini & Wheeler, Joseph J. Sheehan and John M. Bowers, Los Angeles, for Plaintiff and Appellant.

Chapin Shea McNitt & Carter, Maria C. Roberts, Mark T. Petersen, Shirley A. Gauvin, San Diego, and Andrew G. Loeb, for Defendant and Respondent.

ORTEGA, J.

In this appeal, we must decide whether a loss payable clause, patterned after the ISO (Insurance Services Office, Inc.) Standard Mortgagee Clause, is a standard loss payable clause. We also must determine various coverage and exclusion issues concerning a mortgagee's claim under an all-risk homeowner's policy. While the policy was in force, the named insured transferred title and moved out of the home. The...

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