Opinion ID: 420962
Heading Depth: 2
Heading Rank: 1

Heading: The Relevant Policy Provisions

Text: 8 The policy issued by Centennial was in full force and effect from February 1, 1980 until its cancellation on October 10, 1981. Under that policy, Centennial had both the right and the duty to defend MCT in any action seeking damages on account of property damage. The relevant clause provides that Centennial shall have the right and duty to defend any suit against [MCT] seeking damages on account of such bodily injury or property damage, even if any of the allegations of this suit are groundless, false or fraudulent.... 9 Property damage is defined by the policy as: 10 (1) physical injury to or destruction of tangible property which occurs during the policy period, including the loss of use thereof at any time resulting therefrom, or (2) loss of use of tangible property which has not been physically injured or destroyed provided such loss of use is caused by an occurrence during the policy period. 11 The policy definition of occurrence is an accident, including continuous or repeated exposure to conditions, which results in ... property damage neither expected nor intended from the standpoint of the insured.