Travelers Casualty & Surety Co. v. Bowman

How courts have described this case

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

• Courts may not impute ambiguity “to reflect [its] personal notions of fairness and equity” “[i]f [the] contract is reasonably susceptible of only one meaning”
• “Reinsurance, like any other contract, depends upon the intention of the parties, to be gathered from the words used, taking into account, when the meaning is doubtful, the surrounding circumstances.”
• “Reinsurance, like any other contract, depends upon the intention of the parties, to be gathered from the words used, taking into account, when the meaning is doubtful, the surrounding circumstances.”
• “[I]n facultative 20 reinsurance, the reinsurer agrees to indemnify the cedent for all or a portion of the cedent’s risk under a single policy in the event of a loss.”
• “The foregoing principles [of contract interpretation] do not permit a court to disregard the precise terminology that the parties used and simply assume [a different meaning], based on its own familiar notions of economic efficiency . . . .”

Source: CourtListener parenthetical corpus (CC0).