Highlands Insurance Co. v. City of Galveston Ex Rel. Board of Trustees

OPINION

J. CURTISS BROWN, Chief Justice.

This appeal involves the interpretation of insurance policies to determine whether the appellant, as excess insurer, or the appellee insurance companies, as underlying insurers, must pay the loss claimed by the City of Galveston, the assured. The policies of the underlying insurers indemnified the city for any “loss damage or expense of whatsoever nature” to property “for which the assured may be liable or may assume liability.” We must decide whether this language obligates the insurers to pay losses resulting from damage to a third party’s property…