Legal Opinion

Ihc, Inc., a Corporation v. Affiliated Fm Insurance Company, a Corporation, and Fireman's Fund Insurance Company, a Corporation

Court of Appeals for the Tenth Circuit

Decided November 30, 1971No. 71-1133PublishedCited by 1 opinion

1Opinion of the Court

HAMLEY, Circuit Judge.

This is a diversity action, arising in Oklahoma, wherein IHC, Inc. (IHC), sought a declaratory judgment against Affiliated FM Insurance Company (Affiliated), and Fireman’s Fund Insurance Company (Fund). IHC’s subsidiary, Carousel Products, Inc. (Carousel), had lost a shipment of wigs to hijackers, while the wigs were in transit from Carousel’s Puerto Rico plant to its plant in Brooklyn, New York. IHC claimed that the loss was covered under policies issued by both insurance companies, but both defendants denied liability.

Both defendants filed motions for summary judgment.…

2Cases cited4 opinions

  1. Taylor v. Insurance Co. of North AmericaSupreme Court of Oklahoma · 1909
  2. General Accident, Fire & Life Assurance Corp. v. HymesSupreme Court of Oklahoma · 1919
  3. Combined Mutual Cas. Co. v. MethenySupreme Court of Oklahoma · 1950
  4. Federal Life Ins. Co. v. McAleerSupreme Court of Oklahoma · 1932

3Cited by1 opinion

  1. Alaska Northwest Publishing Co., an Alaska Corporation v. A. T. Publishing Co. And Frank MartoneCourt of Appeals for the Ninth Circuit · 1972

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