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LAKESIDE PLY. & BLDG. MATLS. v. AETNA C.&S. CO.

No. 75-263.

75 Wis.2d 484 (1977)

250 N.W.2d 1

LAKESIDE PLYWOOD & BUILDING MATERIALS, INC., Respondent, v. AETNA CASUALTY & SURETY COMPANY, Appellant.

Supreme Court of Wisconsin.

Decided February 1, 1977.

Attorney(s) appearing for the Case

For the appellant there was a brief by Kenneth M. Kenney and Wolfe, O'Leary, Kenney & Wolfe, and oral argument by Kenneth M. Kenney, all of Milwaukee.

For the respondent there was a brief by Griffin G. Dorschel and Axley, Brynelson, Herrick & Gehl, and oral argument by Mr. Dorschel, all of Madison.

HANLEY, J.

Two issues are raised on appeal:

1. What is the maximum limit of liability under the policy?

2. Does this policy violate sec. 203.22, Stats., or is it void as contrary to public policy because it exacts a premium based on property values in excess of the maximum limit of coverage?

Limit of Liability

[1]

The first issue involves a problem solely of insurance contract interpretation. The rules of...

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