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CAMPBELL v. HARTFORD FIRE INS. CO.

No. 74-1381.

533 F.2d 496 (1976)

William CAMPBELL and the Western Bank, an Oregon Corporation, Plaintffs-Appellants, v. HARTFORD FIRE INSURANCE COMPANY, a Connecticut Corporation, Defendant-Appellee.

United States Court of Appeals, Ninth Circuit.

April 1, 1976.

Attorney(s) appearing for the Case

Mark H. Wagner (argued), of Souther, Spaulding, Insley, Williamson & Schwabe, Portland, Ore., for plaintiffs-appellants.

Alex L. Parks (argued) and William F. White (argued), of White, Sutherland, Bronstein & Parks, Portland, Ore., for defendant-appellee.

Before CHAMBERS and KENNEDY, Circuit Judges, and JAMESON, District Judge.

OPINION

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...

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