DSA’s policy with USSIC covers “direct physical loss or damage” [the] cause of plane crash [was] Not in motion,” subject to the exclusion. An exclusion denied coverage for loss or damage resulting from embezzlement, conversion, or secretion by a person whom the DSA had left in possession of. The policy defined “accident” as “a sudden occurrence during the policy period, neither expected nor intended.” [the insured]it includes [the] Aircraft and causes physical damage or loss to the aircraft during the policy period. The policy does not define “sudden event” or “direct physical loss”.
Nebraska Supreme Court rules on aircraft insurance dispute & more related News Here
