St. Paul Fire and Marine Insurance Co. v. Lago Canyon Inc.

U.S. Court of Appeals for the Eleventh Circuit
St. Paul Fire and Marine Insurance Co. v. Lago Canyon Inc., 419 F. App'x 946 (11th Cir. 2011)
Barkett, Hull, Kravitch, Per Curiam

St. Paul Fire and Marine Insurance Co. v. Lago Canyon Inc.

Opinion

PER CURIAM:

Lago Canyon appeals from an adverse summary final judgment, entered following remand from this Court, concluding that there was no coverage for the partial sinking of Lago Canyon’s yacht under the marine insurance contract issued by St. Paul Fire and Marine Insurance Company. St. Paul also cross-appeals the district court’s determination of the pre-judgment interest rate of nine percent to be applied to Lago Canyon’s $7,500 claim for towing charges.

After careful consideration of the parties’ briefs and the record in this case and having the benefit of oral argument, we find no reversible error in the district court’s declaratory judgment of no coverage to St. Paul. Likewise, we see no error in the district court’s determination of the pre-judgment interest rate.

AFFIRMED.

Reference

Full Case Name
ST. PAUL FIRE AND MARINE INSURANCE CO., Plaintiff-Counter Claimant-Appellee, v. LAGO CANYON INC., Defendant-Counter Claimant-Appellant
Status
Unpublished