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LYNOTT v. NAT'L UNION FIRE INS. CO.

No. 60281-6.

123 Wn.2d 678 (1994)

871 P.2d 146

FRANK B. LYNOTT, ET AL, Respondents, v. NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA., Petitioner.

The Supreme Court of Washington, En Banc.

March 31, 1994.

Attorney(s) appearing for the Case

Culp, Guterson & Grader, by Bradley D. Stam and Robert M. Sulkin, for petitioner.

Zelle & Larson, Sandra Wallace, and Michelle K. Enright; Hallmark, Keating & Abbott, P.C., and William E. Fitzharris, Jr., for respondents.

BRACHTENBACH, J.

Defendant National Union Fire Insurance Company of Pittsburgh, PA. (National Union) issued a Directors and Officers Liability and Corporation Reimbursement insurance policy with Tacoma Boatbuilding Company (TBC) as the named insured. The limit of liability was $10 million; the 1-year premium was $145,500. The policy was effective from October 1, 1984, to October 1, 1985 (policy period). Clerk's Papers, at 81.

The individual Plaintiffs herein...

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