North American Shipbuilding, Inc. v. Southern Marine & Aviation Underwriting, Inc.

OPINION

COHEN, Justice.

North American Shipbuilding, Inc. appeals a take-nothing summary judgment arising from an insurance coverage dispute. We affirm.

FACTS

Viewed in the light most favorable to the non-movant, the evidence shows the following. In February 1990, North American contracted to build a ship designated NASB Hull # 137 and purchased a builder’s risk insurance policy to insure Hull # 137 during construction.

Through its agent, Mr. Fred Schall of the insurance brokerage firm of Adams & Porter, North American purchased the policy through Mr. Andrew Fossler of appellee Southern Marine. As…