Fire Insurance Exchange v. American States Insurance
California Court of Appeal
1Opinion of the Court
Opinion
YEGAN, J.
American States Insurance Company (American States) appeals from a judgment ordering it to pay $487,500 on an action for equitable contribution. The trial court ruled that American States and another excess carrier, Truck Insurance Exchange (Truck), were co-insurers and share equally in the excess cost of settling a personal injury action brought against their insureds. We affirm. Substantial evidence supports the trial court’s finding that the cost of settlement should be equally prorated because the excess policies provided overlapping coverage and insured against the same…
2Cases cited15 opinions
- Privette v. Superior CourtCalifornia Supreme Court · 1993
- CNA Casualty of California v. Seaboard Surety Co.California Court of Appeal · 1986
- Signal Companies, Inc. v. Harbor Ins. Co.California Supreme Court · 1980
- Northern Insurance Company of New York, Plaintiff-Appellee-Cross-Appellant v. Allied Mutual Insurance Company, Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Ninth Circuit · 1992
- Golden Eagle Insurance v. Foremost InsuranceCalifornia Court of Appeal · 1993
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3Cited by21 opinions
- Fireman's Fund Insurance v. Maryland Casualty Co.California Court of Appeal · 1998
- Truck Insurance Exchange v. Unigard InsuranceCalifornia Court of Appeal · 2000
- Truck Ins. Exch. v. Superior Court of L.A. Cty.California Court of Appeal · 1997
- Scottsdale Insurance v. Essex InsuranceCalifornia Court of Appeal · 2002
- Centennial Ins. Co. v. US Fire Ins. Co.California Court of Appeal · 2001
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