Legal Opinion
Eott Energy Corp. v. Storebrand International Insurance
California Court of Appeal
Decided May 16, 1996No. B089217PublishedCited by 22 opinions
1Opinion of the Court
Opinion
CROSKEY, J.
This case presents the question of whether an insured, having suffered a $1.5 million loss as the result of over 650 thefts of the petroleum products which it markets, will be entitled to recover for such loss under its “all risk” property insurance policy when the value of the property taken in any single theft did not exceed the $100,000 deductible provided for in the policy. The issue which we are required to resolve is whether, under the facts of this case, there was but one “occurrence” or over 650 of them.
The insured appellant, EOTT Energy Corp. (EOTT), claims that the…
2Cases cited21 opinions
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- APPALACHIAN INSURANCE COMPANY v. LIBERTY MUTUAL INSURANCE COMPANY, AppellantCourt of Appeals for the Third Circuit · 1982
- Corwin v. Los Angeles Newspaper Service Bureau, Inc.California Supreme Court · 1971
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3Cited by22 opinions
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- Fed. Deposit Ins. Corp. v. Superior Court of L.A. Cty.California Court of Appeal · 1997
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