Smi Realty Management Corp. v. Underwriters At Lloyds

In this insurance-coverage dispute, SMI Realty Management Corporation ("SMI") appeals the trial courts summary judgment in favor of Underwriters at Lloyds, London ("Underwriters"). We determine whether the term "Leakage," found in an exclusionary provision of an "all-risks" policy, is ambiguous or whether, as a matter of law, it serves to deny SMI coverage in this case.