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Country Bankers Insurance Corporation vs Lianga Bay And Community Multi-Purpose Cooperative, Inc.

COUNTRY BANKERS INSURANCE CORPORATION, petitioner, vs. LIANGA BAY AND COMMUNITY MULTI-PURPOSE COOPERATIVE, INC., respondent.

G.R. No. 136914 | 2002-01-25

SECOND DIVISION

D E C I S I O N 

DE LEON, JR., J.: 

Before us is a petition for review on certiorari of the Decision[1] of the Court of Appeals[2] dated December 29, 1998 in CA-G.R. CV Case No. 36902 affirming in toto the Decision[3] dated December 26, 1991 of the Regional Trial Court of Lianga, Surigao del Sur, Branch 28, in Civil Case No. L-518 which ordered petitioner Country Bankers Insurance Corporation to fully pay the insurance claim of respondent Lianga Bay and Community Multi-Purpose Cooperative, Inc., under Fire Insurance Policy No. F-1397, for loss sustained as a result of the fire that occurred on July 1, 1989 in the...