Continental Casualty Co. v. Signal Insurance

OPINION

NELSON, Judge.

In this action two liability insurance carriers seek to recover contribution from a third liability insurance carrier on the ground that they all insured the same risk. The case was tried to the court without a jury on stipulated facts and specified exhibits. The court initially ordered judgment for the appellant Continental Casualty Company, but after additional memoranda and arguments, reversed its order and rendered judgment in favor of the appellees, Signal Insurance Company and National Indemnity Company. This appeal followed.

The stipulated facts, which are adopted…