BMF has fulfilled its contractual obligation to pay CPA for insurance.

This can be verified here: https://blockchain.info/address/1EGXZ8kPwEeomiepZwwZayZYdH5nQTkc1f

The terms of the contract state that CPA will pay the insured amount to 1N9xQivX5yEYXafjJfeQYtSiq1iT6h9sek

CPA should have paid, but has not.

That can be verified here: https://blockchain.info/address/1N9xQivX5yEYXafjJfeQYtSiq1iT6h9sek