Liberty Mutual Insurance v. Borsari Tank Corp.

SUGARMAN, District Judge.

The Court of Appeals reversed a judgment of this court in favor of Liberty Mutual Insurance Company, plaintiff int surance carrier, holding the insured, Borsari Tank Corporation of America and its contract obligor, Anheuser-Busch, Inc., jointly and severally liable to the insurance carrier for a net loss of $5.,000, alleged to have been sustained by the: carrier by reason of the insured’s failure to obtain from its contract obligor, Anheuser-Busch, Inc., workmen’s compensation coverage co-extensive with a. restriction of coverage which the insured induced its carrier,…