Legal Opinion
Highlands Insurance v. Hobbs Group, LLC
Court of Appeals for the Third Circuit
Decided June 24, 2004No. 03-1760PublishedCited by 2 opinions
1Opinion of the Court
OPINION OF THE COURT
SHADUR, District Judge.
In February 1999 Highlands Insurance Company, Inc. (“Highlands”) issued a policy to Olympic Limousine, Inc. (“Olympic”) that provided Olympic with commercial automobile insurance coverage, subject to a $2.5 million aggregate annual deductible (as to which Olympic was effectively self-insured). Before the policy was cancelled by Highlands just seven months later, Highlands found itself responsible for handling in excess of $3 million in claims against Olympic. Unfortunately for Highlands, Olympic never paid the $2.5 million deductible on those claims.…
2Cases cited35 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Sameric Corporation Of Delaware, Inc. v. City Of PhiladelphiaCourt of Appeals for the Third Circuit · 1998
- William N. Clark v. Modern Group Ltd. John F. SmithCourt of Appeals for the Third Circuit · 1993
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3Cited by2 opinions
- Highlands Insurance Company v. Hobbs Group, LlcCourt of Appeals for the Third Circuit · 2004
- CEM BUSINESS SOLUTIONS, INC v. BHI ENERGYDistrict Court, D. New Jersey · 2022