I.T.N. Consolidators, Inc. v. Northern Marine Underwriters Ltd.

This insurance coverage dispute is back before us for the second time. Northern Marine Underwriters Ltd. (“Northern Marine”) appeals the entry of summary judgment in favor of I.T.N. Consolidators, Inc. and I.T.N. Miami, Inc. (“ITN”). ITN is a freight forwarding company that insured its shipments through an open cover policy (the “Policy”) issued by Northern Marine. Under the Policy, ITN could insure as many—or as few—cargo shipments as it chose. In November 2007, ITN learned that it had failed to obtain coverage for a shipment that was hijacked. It subsequently filed a standard form in an…