TUTTLE, Senior Circuit Judge:
I. STATEMENT OF THE CASE
The Lexington Insurance Company appeals from a jury verdict in favor of an alleged boat owner, Peterson, and mortgagee, Miller, on a hull insurance policy and a mortgagee coverage policy. The insured boat, The Calliope, sank after it was seized by the Coast Guard for carriage of contraband.
The Calliope was seized several hundred miles off the East Coast of Florida by a Coast Guard vessel commanded...
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