William Campbell and the Western Bank, an Oregon Corporation, Plaintffs-Appellants v. Hartford Fire Insurance Company, a Connecticut Corporation

OPINION

Before CHAMBERS and KENNEDY, Circuit Judges, and JAMESON, * District Judge. ANTHONY M. KENNEDY, Circuit Judge:

This case involves the interpretation of a marine insurance policy. The principal issue is whether the “held-covered” clause entitles an owner to recover for the loss of a vessel, despite the breach of an express warranty in the policy. This diversity action was brought under 28 U.S.C. § 1332 by James Campbell, owner of the vessel, against his insurer, the Hartford Fire Insurance Company. The district court held that plaintiff could not recover. We affirm.

Campbell purchased the…