North River Insurance v. Grinnell Mutual Reinsurance Co.

Plaintiff-appellee and cross-appellant United States Fire Insurance Company (US Fire) brought a declaratory judgment action against defendant-appellant and cross-appellee Tokio Marine and Fire Insurance Company (Tokio) seeking reimbursement of funds from Tokio’s primary insurance policy which were paid from US Fire’s excess policy to fund a settlement in an underlying personal injury lawsuit. US Fire also sought equitable contribution from Tokio’s excess policy for funds paid by US Fire’s excess policy toward the settlement for which Tokio was allegedly responsible. The parties filed motions…