Legal Opinion
Aetna Insurance v. United Fruit Co.
Supreme Court of the United States
Decided May 31, 1938No. Nos. 773—775PublishedCited by 25 opinions
1Opinion of the CourtJustice Stone
The question for decision is how far hull insurers upon a valued marine insurance policy are entitled, in case of total loss, to participate by way of subrogation in a recovery by the insured against a tortfeasor responsible for the loss.
In 1918 petitioners, with several other underwriters, insured the hull of respondent’s vessel, the “Almirante,” by policies in which it was agreed that the value of the hull was $632,610,- materially less than its true value. The policies provided for a stipulated indemnity to the owner “irrespective of the value of the vessel,” and that the owner was free to…
2Cases cited17 opinions
- Boston Sand and Gravel Co. v. United StatesSupreme Court of the United States · 1928
- Mobile & Montgomery Railway Co. v. JureySupreme Court of the United States · 1884
- The " Potomac"Supreme Court of the United States · 1882
- Queen Insurance Co. of America v. Globe & Rutgers Fire InsuranceSupreme Court of the United States · 1924
- Chapman v. HoageSupreme Court of the United States · 1936
12 more not listed; retrieve them via the Exa API.
3Cited by25 opinions
- Massachusetts v. United StatesSupreme Court of the United States · 1978
- Standard Oil Co. of NJ v. United StatesSupreme Court of the United States · 1950
- Purofied Down Products Corp. v. Travelers Fire Insurance CompanyCourt of Appeals for the Second Circuit · 1960
- Douglas v. StateSupreme Court of Arkansas · 1985
- American Ins. Co. v. IaconiSupreme Court of Delaware · 1952
20 more not listed; retrieve them via the Exa API.