401 Fourth Street, Inc. v. Investors Insurance Group

*450 OPINION

Chief Justice CAPPY.

In this appeal, we are asked to interpret a common, yet controversial, insurance policy provision which extends coverage to an insured for “damage caused by or resulting from risks of direct physical loss involving collapse of a building or any part of a building....” For the reasons set forth herein, we conclude that the specific policy language at issue provides an insured with coverage for damages caused by the collapse or imminent collapse of a building or a part thereof and does not limit itself to damages for the actual collapse of a building. Based upon our…