10th Circuit Affirms Owned-Property Exclusion Clearly Precludes Coverage

Mealey's (September 1, 2017, 1:27 PM EDT) -- DENVER — The 10th Circuit U.S. Court of Appeals on Aug. 25 affirmed a district court’s dismissal of an insured’s complaint in an environmental contamination dispute after determining that the owned-property exclusion clearly precludes coverage for the cleanup of the environmental contamination (Taos Ski Valley Inc. v. Nova Casualty Co., No. 16-2118, 10th Cir., 2017 U.S. App. LEXIS 16254)....