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COMPASS INS. CO. v. PALM BEACH LAKES, ETC.

No. 80-1625.

399 So.2d 517 (1981)

COMPASS INSURANCE COMPANY, Appellant, v. PALM BEACH LAKES AIRCRAFT, INC., Appellee.

District Court of Appeal of Florida, Fourth District.

June 10, 1981.

Attorney(s) appearing for the Case

J.A. Dillian and David McDonald of McDonald & McDonald, Miami, for appellant.

McKeown & Gamot, Palm Beach and Larry Klein, West Palm Beach, for appellee.

BERANEK, Judge.

The defendant, insurance carrier, appeals a plaintiff's judgment holding coverage applicable to the disappearance of an insured aircraft. Plaintiff/appellee was the corporate owner in a suit for the value of the aircraft. Plaintiff presented proof that a corporate officer had crashed the plane in the Atlantic Ocean on October 24, 1978. The pilot (in a sworn statement given before trial) stated he was immediately...

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