CERTAIN UNDERWRITERS AT LLOYD’S V MONTFORD No 93-56418

(1995) 4 Re LR 321

United States Court of Appeals Ninth Circuit

Before Circuit Judge Beezer, Circuit Judge Noonan Jr and District Judge Ezra

Marine insurance - California - Misrepresentation and non-disclosure - Whether underwriters had constructive knowledge of prior loss record - Whether inserting “present market value” of vessel, rather than actual purchase price, was acceptable industry practice in applying for marine insurance - Whether age of vessel misrepresented - Whether cruising warranty violated.