Arctic Tug & Barge, Inc. v. Raleigh, Schwarz & Powell

OPINION

COMPTON, Justice.

I. INTRODUCTION

Arctic Tug & Barge, Inc. (Arctic) appeals a partial final judgment dismissing its third- party claim against Raleigh, Schwarz & Powell, Inc. (Raleigh). Raleigh, an insurance broker, procured coverage for Alaska Corporation (Alaska) on materials that Alaska had hired Arctic to transport. The materials came to harm, Alaska sued Arctic, and Arctic impled Raleigh. Arctic claimed that Raleigh had negligently misrepresented to it the terms of the insurance policy that Raleigh had procured for Alaska, and had thereby exposed Arctic to unexpected liability for…