Ranger Insurance v. Air-Speed, Inc.

This is an action brought in the Superior Court by the plaintiff insurance company to secure a declaratory judgment to the effect that the plaintiff is not liable to any of the defendants under the bodily injury or the hull in surance provisions of a policy of aircraft insurance (with endorsements) issued by the plaintiff to the defendant AirSpeed, Inc. (Air-Speed), the named insured, covering a Beagle aircraft bearing Federal Aviation Administration (FAA) registration N992M (92M) 1 for the one-year period commencing June 1, 1977. The defendants fall into two groups. One (aircraft defendants)…