Independent Petrochemical Corporation v. Aetna Casualty and Surety Company (Two Cases)

How courts have described this case

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

• finding that insured's primary carrier had duty to defend it until the insurer proved that the policy was \negated by fraud\
• a fine or penalty is not understood to be dollar-for-dollar recompense for injury, but is a pecuniary form of punishment for acts society seeks to deter
• federal courts sitting in diversity must determine how the highest court of the state would decide the question before them
• found in Westlaw at 1989 WL 49517
• applying § 193 to an insurance policy

Source: CourtListener parenthetical corpus (CC0).