Reliance Natl. Ins. v. William Hatfield

The majority holds that the business risk exclusions apply to the additional “completed operations” and “products” coverages purchased by Turbine. Given the particular structure of this policy, I cannot agree. The only insuring agreement, or grant of coverage, that can be found within this policy for those coverages appears in an endorsement — an endorsement that should prevail over the business risk exclusions, not vice versa.

The analytic force of the majority opinion rests on how “completed operations” and “products” coverage is supposed to work, not on how this disputed policy actually…