Fidelity Co-operative Bank v. Nova Casualty Company
Court of Appeals for the First Circuit
1Opinion of the Court
TORRUELLA, Circuit Judge.
Plaintiff-Appellant Fidelity Co-operative Bank (“Fidelity”), individually and as assignee of Matthew and Sondra Knowles (“the Knowles”), appeals the granting of summary judgment to DefendanU-Appellee Nova Casualty Company (“Nova”), after the district court determined that an all-risk insurance policy neither covered water *33damage caused to an apartment building during a tropical storm nor any resulting business interruption losses. Fidelity challenges the district court’s interpretation of the policy under its “rain limitation” provision, arguing that the policy’s…
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