Here’s what’s at stake: The insurers say Maverick Investments, LLC did not comply with several warranties that were required by the insurance contract. The main issue centers on the fire extinguisher warranty. The policy required all fire extinguishing equipment on the MAVERICK to be properly installed, maintained, tagged, and certified annually or in accordance with the manufacturer’s recommendations, whichever is more frequent. The work had to be done by a duly licensed and qualified individual whose principal business is the installation, maintenance, certification, tagging, weighing, and recharging of such systems. This individual could not be the insured, a Covered Person, or any named operator, unless expressly approved in writing.