Opinion ID: 2052528
Heading Depth: 1
Heading Rank: 2

Heading: Terms of Coverage Liability Insurance Policies

Text: HCC purchased general liability insurance coverage, consisting of both underlying umbrella and excess policies, from various insurance companies for policy periods from January 1, 1978 to April 1, 1986. Under the provisions of these policies, the insurance companies agreed to pay all sums which HCC would become legally obligated to pay as damages, because of property damage caused by an occurrence. [3] Occurrence is defined under the policies as: an accident, including continuous or repeated exposure to conditions, which results in bodily injury or property damage neither expected nor intended from the standpoint of the insured. Property damage is defined as: (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. The key issue presented by this appeal concerns the scope of the term property damage.