Opinion ID: 1143918
Heading Depth: 1
Heading Rank: 2

Heading: the insurance issue

Text: Rockman had secured an aviation hull policy on the aircraft in question and received payment from the insurance carrier. [12] To that extent, Rockman was acting on behalf of the carrier as its subrogee in seeking recovery from Graham. The parties stipulated that any rights of the insurance company, which was represented by Rockman's counsel, would be litigated in Rockman's suit. Graham maintains that he should be regarded as an additional insured under the hull insurance carried by Rockman since use by rental pilots was covered in the policy. Accordingly, the insurance carrier would not be entitled to recover from Graham the amount which it paid to Rockman. It is well settled that an insurer cannot recover by means of subrogation against its own insured. [13] Unlike many policies, Rockman's contains no definition of the term insured. The cover page of the policy has Rockman's name typed as the assured. The first clause of the policy states WE, UNDERWRITERS AT LLOYD'S, London, agree with the Insured, named in the Declarations made a part hereof, in consideration of the payment of the premium and in reliance upon the statements in the Declarations and subject to the limits of liability, Exclusions, Conditions and other Terms of this Policy:  (Emphasis added.) When one refers to the declarations made a part hereof, there is a space for Name of Insured which was completed in the following manner: