Nevers v. Aetna Insurance Co.

Pearson,

J.—Plaintiff Robert M. Nevers appeals from a judgment denying his claim for indemnity under his “all risks” yachtsman’s hull policy with defendant, Aetna Insurance Company.

The facts are simple. Plaintiff purchased the boat and obtained the most comprehensive insurance coverage available. Subsequently it was discovered that he had purchased a stolen boat, and he surrendered it to the true owner.

The issue on appeal is whether the insuring agreements of the policy were broad enough to encompass a loss of the boat due to a defective title. We agree with the trial court’s determination…