Case Conclusion Date: 05.11.2011
Practice Area: Insurance
Outcome: Summary judgment granted to jewelers block insurer affirmed
Description: Case involved allegations that Jewelers Mutual wrongfully withheld payment under a jewelers block insurance policy for the loss of a jewelry salesman's merchandise that had been placed in an airplane's cargo hold during a flight. The United States Court of Appeals for the Eleventh Circuit affirmed the district court's ruling granting Jewelers Mutual's motion for summary judgment because the policy provides coverage for stock away from the insured's premises only when the insured's stock is in the custody of the insured, and the merchandise was not in the insured's custody when it was placed in the airplane's cargo hold.