Miles v. Royal Indemnity Co.

OPINION

NYE, Chief Justice.

This is a suit brought by the insured boat owner, Charles E. Miles, against the insurer, Royal Indemnity Company, to recover the cost of repairs to his pleasure boat which sank at her moorings. Royal Indemnity defended under the “unseaworthiness” exclusion in the “all risks” yacht insurance policy. The jury answered special issues in favor of the boat owner, Miles. The trial judge however, granted the insurance company’s motion for judgment non obstante veredicto and entered a take nothing judgment for Miles. Miles appeals.

Miles purchased a used 38 foot Chris Craft…