Chrysler Insurance Co., Petitioner v. Greenspoint Dodge of Houston, Inc., Respondent

Summary

The Texas Supreme Court held that the insurer’s known‑falsity exclusion barred coverage for the corporation’s defamatory statements made by its vice‑principals, because the corporation’s knowledge is imputed through its vice‑principals. Accordingly, the Court reversed the Court of Appeals and entered judgment that Greenspoint receives no coverage or damages.