Transamerica Title Insurance Co. v. Ramsey
Alaska Supreme Court · 1973-03-09 · cited 27×
Mary B. Ramsey sued Transamerica Title Insurance Company for breach of contract and negligence, alleging that the company failed to inform her of a recorded revocation of her ex-husband's power of attorney, which prevented her from validly selling property they owned as tenants in common and led to lawsuits and settlement costs. The trial court directed a verdict for the company on the contract claim but submitted the negligence claim to the jury, which awarded Ramsey $35,000 in damages. On appeal, the Alaska Supreme Court held that the negligence claim based on negligent misrepresentation was properly submitted to the jury because the company knew Ramsey intended to rely on its examination of the power of attorney, rejected contributory negligence as a matter of law, and found errors in the damage instructions that required remand for reduction of certain awards or a new trial on damages.