Back

Philam Insurance Company, Inc., et al. vs. Court of Appeals and D.M. Consunji, Inc.

PHILAM INSURANCE COMPANY, INC. and AMERICAN HOME INSURANCE CO., Petitioners, versus COURT OF APPEALS, and D.M. CONSUNJI INC., Respondents.

G.R. No. 165413 | 2012-02-22

SECOND DIVISION
 
DECISION
 
SERENO, J.:
 
In this Petition for Review on Certiorari under Rule 45, petitioners Philam Insurance Company, Incorporated (Philam) and American Home Insurance Company (AHIC) seek the reversal of the Decision of the Court of Appeals (CA) in CA-G.R. CV No. 60098 dated 28 June 2004 and its Resolution dated 24 September 2004. The CA Decision reversed and set aside that of the Regional Trial Court (RTC) of Makati City in Civil Case No. 95-540 dated 28 April 1998.
 
The CA ruled against petitioners’ demand for the recovery of the value of the insured’s generator set (genset) against private...