Peerless Dyeing Co. v. Industrial Risk Insurers

HOFFMAN, Judge:

These cross-appeals are from the judgment below, which was entered following a jury verdict in favor of appellee. The judgment arose from an action instituted by appellee, Peerless Dyeing, against its business insurer, appellant Industrial Risk Insurers, in which appellee sought to collect for property damage and business interruption damages that it claimed resulted from an accident at its dyeing plant, in Philadelphia. The jury’s verdict in appellee’s favor awarded damages of $407,000.00 for property damage and $1,130,000.00 for business interruption. 1

In its appeal at (No.…