Queen Insurance Co. of America v. Globe & Rutgers Fire Insurance

delivered- the opinion of the Court.

This is a libel in admiralty upon a New York policy in-' suring cargo on the Italian steamship Napoli lost by collision in the Mediterranean, in or near the Gulf of Lyons, on July 4, 1918. The libellant also in New York had insured the cargo concerned against marine risks and the libellee had insured it against war risks. Each company by agreement paid half the loss subject to adjustment and took an assignment of the claim of the assured against the other. The main question in the case is whether the loss was covered by the libellee’s policy- as the…