Jakobson Shipyard, Inc. v. The Aetna Casualty and Surety Company and the Aetna Life & Casualty Company

How courts have described this case

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

• assigning a term in an insurance policy the meaning accorded by Webster’s Third New International Dictionary
• no accident where insured shipbuilder provided tug boat with defective steering mechanism contrary to contract specifications
• “Were we to construe the words ‘accident’ or ‘continuous .or repeated exposure to conditions’ as encompassing damage to a product resulting from the product’s failure to perform according to contract specifications, we would expand the agreed-upon coverage.”
• “ ‘Occurrence’ is defined by the policies as ‘an accident, including continuous or repeated exposure to conditions, which results in bodily injury or property damage neither expected nor intended from the standpoint of the insured.’ ”
• “We give the words of the agreement their ordinary and plain meaning.”
• policy should be interpreted according to plain meaning of text

Source: CourtListener parenthetical corpus (CC0).