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KEY PACIFIC MORTG. v. INDUSTRIAL INDEM.

No. S-4957.

845 P.2d 1087 (1993)

KEY PACIFIC MORTGAGE, INC., and Key Bank of Alaska, Appellants, v. INDUSTRIAL INDEMNITY COMPANY OF ALASKA, Appellee.

Supreme Court of Alaska.

January 22, 1993.

Attorney(s) appearing for the Case

Patrick B. Gilmore, Atkinson, Conway & Gagnon, Anchorage, for appellants.

Roger F. Holmes, Biss and Holmes, Anchorage, and William R. Hickman, Stephen M. Todd, Pamela A. Okano, Reed McClure, Seattle, WA, for appellee.

Before MOORE, C.J., and RABINOWITZ, BURKE and COMPTON, JJ.

OPINION

COMPTON, Justice.

Key Pacific Mortgage, Inc. and Key Bank of Alaska (Insureds) appeal from a summary judgment holding that the Errors and Omissions (E & O) insurance policy each purchased from Industrial Indemnity Company of Alaska (Industrial Indemnity) does not provide coverage for (1) accidental loss of private mortgage insurance or (2) accidental failure to protect an abandoned residence against...

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