10. The CA ruled that UMCs claim under the UMCs Income Statement or Financial
Insurance Policy is void. The CA found that Reports is twenty-five times the claim UMC seeks to
the fire was intentional in origin, enforce. The RTC itself recognized that UMC padded
considering the array of evidence submitted its claim when it only allowed 43,930,230.00 as
by CBIC, particularly the pictures taken insurance claim. UMC supported its claim of
and the reports of Cabrera and Lazaro, as 50,000,000.00 with the Certification from the
opposed to UMCs failure to explain the Bureau of Fire Protection stating that "x x x a fire
details of the alleged fire accident. In broke out at United Merchants Corporation located
addition, it found that UMCs claim was at 19-B Dag[o]t Street, Brgy. Manresa, Quezon City
incurring an estimated damage of Fifty- Five Million
Pesos (55,000,000.00) to the building and contents x
x x."