OPINION
COMPTON, Justice.
I. FACTS AND PROCEEDINGS
This case arises out of Appellant Alaska Insurance Company's (AIC) denial of a claim for insurance coverage made by Appellee Movin' On Construction under a policy which it had purchased to cover its construction activities.
The claim followed the collapse of a house under which Movin' On had contracted to build a full basement. Movin' On subcontracted both the excavation and raising of...
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