cargo insurance

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“In August 1994, Albany issued an open marine cargo insurance policy that contained, among other things, a perishable cargo clause to insure Suma against the risk of physical loss or damage to its shipments of perishable goods. The clause, however, did not insure Suma against the deterioration or decay of its goods, absent a showing that the damage was caused by a ‘derangement or breakdown of the refrigeration equipment….’” J. Schroeder, Suma Fruit Int’l v. Albany Insurance Co., 122 F.3d 34, 35 (9th Cir. 1997).