Surespan Structures Ltd. v. Lloyds Underwriters
The court held the policy’s mitigation of loss coverage was not subject to the $10 million limit, and awarded Surespan its submitted mitigation costs plus compensatory damages, less any deductible.
- Policy interpretation
- Mitigation of loss coverage
- Limits of liability
- Claims-made coverage
- First past the post
- Contractual damages for delay