Insurance Co. of North America, Inc. v. United States Gypsum Co.

MEMORANDUM OPINION

GLEN M. WILLIAMS, District Judge.

This case involves a dispute over whether losses sustained by United States Gypsum Company (USG) at its Plasterco, Virginia facility in November 1984 are covered by an insurance policy issued by Insurance Company of North America (INA) in June 1983. INA contends that the losses are not covered because the insurance policy was procured through fraud and misrepresentation. USG contends that there was no fraud or misrepresentation and that the losses are covered.

Jurisdiction of this court is based on diversity under 28 U.S.C. § 1332. USG has…