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Gulf Resorts Inc. vs. Philippine Charter Insurance Corporation (PCIC) 458 SCRA 550

GULF RESORTS, INC., Petitioner, versus PHILIPPINE CHARTER INSURANCE CORPORATION, Respondent.

G.R. No. 156167 | 2005-05-16

SECOND DIVISION
D E C I S I O N 
 
 
PUNO, J.: 
 
Before the Court is the petition for certiorari under Rule 45 of the Revised Rules of Court by petitioner GULF RESORTS, INC., against respondent PHILIPPINE CHARTER INSURANCE CORPORATION. Petitioner assails the appellate court decision[1] which dismissed its two appeals and affirmed the judgment of the trial court. 
 
For review are the warring interpretations of petitioner and respondent on the scope of the insurance company's liability for earthquake damage to petitioner's properties. Petitioner avers that, pursuant to its earthquake shock endorsement...