G.R. No. 253716 - Platinum Group Metals Corporation vs. The Mercantile Insurance Co., Inc.

Platinum Group Metals Corporation vs. The Mercantile Insurance Co., Inc.

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Title Supreme Court: Platinum Group Metals Corporation vs. The Mercantile Insurance Co., Inc.

Case: G.R. No. 253716

Decision Date: Jul 10, 2023

Mining firm claimed insurance for trucks damaged during armed attack; court ruled insurer not liable due to excepted peril of insurrection under policy.

insurance policy

breach of obligation

insurable interest

Very Long 40 min

END