Legal Opinion
Insurance Company of North America, Inc. v. U.S. Gypsum Company, Inc.
Court of Appeals for the Fourth Circuit
Decided April 11, 1989No. 88-1110PublishedCited by 39 opinions
1Opinion of the Court
MOTZ, District Judge.
Insurance Company of North America (“INA”) appeals from a multi-million dollar jury verdict entered against it in favor of United States Gypsum Company (“USG”). The jury found INA liable under an “all risk” policy for damages sustained by USG as a result of a massive earth subsidence which occurred on November 4, 1984 beneath one of its plants located in Plasterco, Virginia.
Finding that no error was committed below, we affirm. 1
I
The period 1979 to 1983 was a time of soaring interest rates. During those years insurance companies engaged in what was known as “cash flow…
2Cases cited20 opinions
- Pennock v. DialogueSupreme Court of the United States · 1829
- Richard Arnold, IV v. Eastern Air Lines, Inc. v. United States of America, Francis C. Mihalek v. Eastern Air Lines, Inc. v. United States of America, Helen Rae Weston, as of the Estate of Lewis M. Weston, Deceased v. Eastern Air Lines, Inc., the Aetna Casualty and Surety Company Aetna Insurance Company American Empire Insurance Company Commercial Union Insurance Company Compagnies D'AssurAnces Du Groupe Concorde Continental Casualty Company Employers Mutual Liability Insurance Company of Wisconsin Hartford Fire Insurance Company Industrial Indemnity Company Maryland Casualty Company Reliance Insurance Company Royal Indemnity Company St. Paul Fire and Marine Insurance Company Security Insurance Company of Hartford the Travelers Indemnity Company Underwriters at Lloyd's and Associated British Insurance Companies United States Fidelity and Guaranty Company United States Fire Insurance Company Zurich Insurance Company v. United States of America Bernard C. Groseclose Alden E. Hare William L. Hogan Dennis L. HunterCourt of Appeals for the Fourth Circuit · 1982
- Columbian Insurance Co. of Alexandria v. LawrenceSupreme Court of the United States · 1829
- Aetna Casualty & Surety Co. v. United StatesSupreme Court of the United States · 1983
- George Bartholomew v. Appalachian Insurance CompanyCourt of Appeals for the First Circuit · 1981
15 more not listed; retrieve them via the Exa API.
3Cited by39 opinions
- PUD DISTRICT NO. 1, KLICKITAT COUNTY v. International Insurance Co.Washington Supreme Court · 1994
- Sentinel Management Co. v. New Hampshire Insurance Co.Court of Appeals of Minnesota · 1997
- Denise Minter v. Wells Fargo Bank, N.A.Court of Appeals for the Fourth Circuit · 2014
- Lennar Corp. v. Great American Insurance Co., Texas Court of Appeals, 14th District (Houston)2006
- Inland Waters Pollution Control, Inc. v. National Union Fire Insurance CompanyCourt of Appeals for the Sixth Circuit · 1993
34 more not listed; retrieve them via the Exa API.