Commercial Union Assurance Co of NZ Ltd v Murphy - [1989] 1 NZLR 687

Insurance — Property insurance — Building contract — Insurance of works — Building contract required insurance by builder of own and owner's interests — Owner had taken out separate insurance — Builder's policy contained restrictive clause — Works were damaged by fire in course of construction — Owner's insurer made ex gratia payment for most of loss and builder's insurer offered the balance — Owner claimed full loss from builder's insurer — Whether owner was entitled to recover full loss from builder's insurer.