Loyola University v. Sun Underwriters Ins. Co. of New York

WRIGHT, District Judge.

Findings of Fact

I. The plaintiff, a corporation organized under the laws of the State of Louisiana, brings this action against the defendant, Sun Underwriters Insurance Company of New York, to recover for the damage to and loss of property which was -insured under a contract of insurance issued by the defendant to the plaintiff. The provision of the policy sued on reads as follows: “Recovery of this policy is intended to include the direct loss or damage by windstorm * * * and loss of use (rental value) on building items.”

The policy further provides that the company…