Missouri Court of Appeals February 22, 1972, 33913 (Wrausmann v. Kansas City Fire & Marine Insurance Co.)

CLEMENS, Commissioner.

This action on a fire insurance policy presents two briefed issues. First, does a straw party insurer have an insurable interest in insured property? Second, does an obligor on a promissory note, secured by a deed of trust on property, have an insurable interest in that property? We say yes and therefore need not consider the straw party issue.