AMERICAN STONE DIAMOND INC V LLOYD’S OF LONDON

(1997) 6 Re LR 43

United States District Court SD Texas

Before District Judge Werlein

United States - Jewellers insurance - Exclusion clause - Unattended vehicle - Theft while salesman purchasing gasoline - Whether exclusion clause ambiguous and or unconscionable under Texas law.

Lloyd’s underwriters were entitled to summary judgment on insureds claim under jewellers policy where exclusion clause excluding loss from unattended vehicles was held by Texas court to be unambiguous and not established as unconscionable.