EARTHMOVERS OF FAIRBANKS v. PACIFIC INS. CO.

No. 4222.

614 P.2d 781 (1980)

EARTHMOVERS OF FAIRBANKS, INC., Appellant, v. PACIFIC INSURANCE COMPANY, Appellee.

Supreme Court of Alaska.

July 18, 1980.


Attorney(s) appearing for the Case

H. Bixler, Whiting, Whiting and Rosie, Fairbanks, for appellant.

Edward T. Noonan, Fairbanks, for appellee.

Before RABINOWITZ, C.J., and CONNOR, BOOCHEVER, BURKE and MATTHEWS, JJ.


OPINION

BURKE, Justice.

The basic issue raised by this appeal is whether the plaintiff below, Earthmovers of Fairbanks, Inc., was entitled to a 22% profit and overhead markup from Pacific Insurance Company, on parts which Earthmovers, Inc., had purchased to repair a damaged crane. The appeal was brought by Earthmovers, Inc., after entry of a judgment in favor of Pacific.

The crane was insured against damage by Pacific, under an insurance policy issued...

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