(DOWNLOAD) "Willets Point Contracting Corporation v. Hartford Insurance Group Et Al." by Court of Appeals of New York # eBook PDF Kindle ePub Free
eBook details
- Title: Willets Point Contracting Corporation v. Hartford Insurance Group Et Al.
- Author : Court of Appeals of New York
- Release Date : January 07, 1981
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 67 KB
Description
While the comprehensive general liability policys broad definition of property damage provides coverage for loss of use of tangible personal property without physical damage thereto, exclusion "(m)" explicitly disclaims coverage where the injury results from a breach of contract, as in this case. As to the umbrella policy, its narrower definition of property damage does not encompass the nonphysical injury suffered by the plaintiff. Thus even though the alleged "ultimate net loss" was in excess of this policys $10,000 "retained limit", the insurers obligation to indemnify was not triggered.