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SOURCE LOGISTICS v. CERTAIN UNDERWRITERS

No. CA 09-936.

374 S.W.3d 232 (2010)

2010 Ark. App. 239

SOURCE LOGISTICS, INC., Appellant v. CERTAIN UNDERWRITERS AT LLOYD'S OF LONDON SUBSCRIBING TO POLICY NO. NA041790U, Appellees.

Court of Appeals of Arkansas.

March 10, 2010.

Attorney(s) appearing for the Case

Kenneth S. Hixson , Fayetteville, for appellant.

Mark Winfield Dossett , Jeffrey Michael Fletcher , Davis, Clark, Butt, Carithers & Taylor, PLC, Fayetteville, for appellee.

DAVID M. GLOVER, Judge.

Appellant, Source Logistics, purchased a cargo-insurance policy and an unattended-truck/trailer endorsement from appellee, Lloyd's of London. Thereafter, one of Source Logistics' trailers was stolen from a warehouse parking lot. The trailer was later recovered by the police, with only a portion of the cargo missing; however, the owner refused to accept the remaining cargo because of the uncertainty of the food product's safety after having...

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