Legal Opinion
AGF Marine Aviation & Transport v. Richard C. Cassin CIT Group/Sales Financing, Inc.
Court of Appeals for the Third Circuit
Decided September 29, 2008No. 07-1640, 07-1641PublishedCited by 24 opinions
1Opinion of the Court
OPINION OF THE COURT
(September 29, 2008)
FUENTES, Circuit Judge
Richard Cassin filed a claim for insurance with AGF Marine Aviation & Transport (“AGF”) after his 85-foot charter yacht (the “Yacht”) sank off the coast of Grenada. Upon reviewing the claim, AGF discovered that Cassin misrepresented the purchase price of the Yacht and sought a declaration from the District Court for the Virgin Islands that Cassin’s insurance policy was void from its inception. The District Court granted summary judgment in favor of AGF, applying the federal maritime doctrine of uberrimae fidei, which requires that…
2Cases cited15 opinions
- Clearfield Trust Co. v. United StatesSupreme Court of the United States · 1943
- Wilburn Boat Co. v. Fireman's Fund InsuranceSupreme Court of the United States · 1955
- Insurance Co. v. DunhamSupreme Court of the United States · 1871
- Albany Insurance Company v. Anh Thi KieuCourt of Appeals for the Fifth Circuit · 1991
- Curtis Freeman v. Allstate Life Insurance CompanyCourt of Appeals for the Ninth Circuit · 2001
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3Cited by24 opinions
- Fireman's Fund Insurance v. Great American InsuranceDistrict Court, S.D. New York · 2014
- Great Lakes Reinsurance (UK) PLC v. Durham Auctions, Inc.Court of Appeals for the Fifth Circuit · 2009
- Epix v. MARSH & McLENNAN COMPANIESNew Jersey Superior Court Appellate Division · 2009
- New York Marine & General Insurance v. Continental Cement Co.Court of Appeals for the Eighth Circuit · 2014
- AIG Centennial Insurance Company v. J. Brian O'NeillCourt of Appeals for the Eleventh Circuit · 2015
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