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CRUM & FORSTER MANAGERS CORP. v. BASIN ELEC. POWER

No. 89-5277.

911 F.2d 155 (1990)

CRUM & FORSTER MANAGERS CORPORATION OF NEW YORK, d/b/a International Insurance Company, Appellee, v. BASIN ELECTRIC POWER COOPERATIVE, a North Dakota Electric Cooperative Corporation, Appellant.

United States Court of Appeals, Eighth Circuit.

Decided August 16, 1990.

Rehearing and Rehearing Denied September 25, 1990.

Attorney(s) appearing for the Case

Boyd H. Ratchye, St. Paul, Minn., for appellant.

Jay Fiedler, Grand Forks, N.D., for appellee.

Before ARNOLD, Circuit Judge, HEANEY, Senior Circuit Judge, and FRIEDMAN, Senior Circuit Judge.

Rehearing and Rehearing En Banc Denied September 25, 1990.

HEANEY, Senior Circuit Judge.

At issue on this appeal is whether Basin Electric Power Cooperative (Basin) can recover in excess of 6.9 million dollars under a nonprofit organization liability insurance policy issued by Crum & Forster Managers Corporation of New York (Crum & Forster). The district court held that the policy did not provide coverage to Basin. We affirm.

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