Underwriters Subscribing to Lloyd's Insurance Cert. No. 80520 v. Magi, Inc.

How courts have described this case

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

• “Regardless of its express terms, every all-risk policy contains an unnamed exclusion—the loss must be fortuitous in nature.” (internal quotation and citation omitted)
• where insurer did not dispute proof of loss submitted by insured, but denied coverage under the terms of the policy, claim was liquidated because recourse to the proof of loss allowed computation of claim without reliance on opinion or discretion

Source: CourtListener parenthetical corpus (CC0).