General Accident Insurance v. Insurance Co. of North America

John F. Corrigan, Judge.

Plaintiffs, General Accident Insurance Company, McKee-Otto, Davy McKee Corp., Davy, Inc., Davy International, Inc., and Dr. C. Otto & Co., GMBH, appeal from the judgment of the trial court which granted partial summary judgment to defendant, Insurance Company of North America, in plaintiffs’ action for breach of contract. 1 For the reasons set forth below, we affirm.

I

In 1979, McKee-Otto, a joint venture comprised of Davy McKee Corp. and Dr. C. Otto & Co., GMBH entered into a contract with Bethlehem Steel whereby McKee-Otto agreed to “design, install, furnish,…