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INFINITY YACHTS v. ST. PAUL FIRE & MARINE

No. 94-0210.

655 So.2d 1259 (1995)

INFINITY YACHTS, INC., Marina 84, Inc., and Nautical Engineers, Inc., Appellants, v. ST. PAUL FIRE & MARINE INSURANCE COMPANY, Institute of London Underwriters, Sedgwick James of Florida, Inc., Appellees.

District Court of Appeal of Florida, Fourth District.

May 31, 1995.

Attorney(s) appearing for the Case

Kenneth R. Drake and Pete L. DeMahy, Touby, Smith, DeMahy & Drake, P.A., Miami, for appellants.

George O. Mitchell, Mitchell, McAlpin & Associates, Miami, and Alexander N. Breckinridge, IV, O'Neil, Eichin, Miller, Breckinridge & Saporito, New Orleans, LA, for appellees.

STONE, Judge.

We reverse a summary judgment entered in favor of the insurance company, St. Paul, and direct that the court on remand enter summary judgment in favor of Infinity, the insured.1 The matter was submitted by both the insured and the insurer to the trial court for resolution on cross-motions for summary judgment.2 Infinity builds and sells yachts. It purchased a builder's risk policy from St. Paul...

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