Leebov v. United States Fidelity & Guaranty Co.

Opinion by

Mr. Justice Musmanno,

In 1940, Mike Leebov, the plaintiff in this case, went into the building construction business and purchased from the United States Fidelity and Guaranty Company, the defendant, a contractor’s liability policy which was renewed from year to year. The paragraph of the policy which is of principal concern in this lawsuit reads as follows: “[The defendant insurance company agrees] to pay on behalf of the Insured all sums which the Insured shall become obligated to pay by reason of the liability imposed upon him by law for damages because of injury to or destruction…