Penn Mutual Life Insurance v. Oglesby

How courts have described this case

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

• holding that if provision is ambiguous, \the issue of coverage must be resolved in favor of the insured\
• noting that it is incumbent on an issuer of securities to make the terms of its operative documents clear to a reasonable investor
• stating that policies “must be interpreted in a common sense manner, giving effect to all provisions so that a reasonable policyholder can understand the scope and limitation of coverage.”

Source: CourtListener parenthetical corpus (CC0).