Contractors Realty Co. v. Insurance Co. of North America

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that the fact of a lawsuit by insured against manufacturer of yacht was not material, even where insured himself had made assertions of unseaworthiness in prior suit
• “There is a reciprocal duty on the part of the insurer to deal fairly, to give the assured fair notice of his obligations, and to furnish openhandedly the benefits of a policy of ‘all-risks’ insurance.”
• vessel was not unseaworthy where installation of yacht’s wiring was less than optimal design but was common on pleasure yachts and was not unsafe oí dangerous, and engine room layout and exhaust system were poorly designed but also common and not dangerous

Source: CourtListener parenthetical corpus (CC0).