TECHNICAL LAND, INC. v. FIREMEN'S INS. CO.

No. 97-CV-1518.

756 A.2d 439 (2000)

TECHNICAL LAND, INC., Appellant, v. FIREMEN'S INSURANCE COMPANY OF WASHINGTON, D.C., Appellee.

District of Columbia Court of Appeals.

Decided July 27, 2000.


Attorney(s) appearing for the Case

Christopher Conte, with whom Stanley L. Lipshultz, Silver Spring, MD, was on the brief, for appellant.

Craig D. Roswell, Baltimore, MD, for appellee.

Before TERRY and RUIZ, Associate Judges, and KERN, Senior Judge.


RUIZ, Associate Judge:

This appeal raises a novel issue concerning the type of interest—other than one based on legal or equitable title— that is insurable. We hold that an insurable interest in property can be shown when a party stands to benefit economically from a unique property or to suffer loss from its destruction, and that Technical Land should have the opportunity to make the necessary showing.

I.

The relationships among the...

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