St. Paul Mercury Indemnity Co. v. Standard Accident Insurance

Peterson, Justice.

Both plaintiff and defendant are insurance companies. Each through the same insurance agency issued a liability policy to the Northwestern Terminal Company of Minneapolis. An accidental injury occurred to one Brooks, who brought an action against the insured to recover for personal injuries. Plaintiff undertook the defense and subsequently settled the action. It took an assignment of the insured’s rights against defendant. As assignee and subrogee of the insured, plaintiff, claiming that the policy issued by defendant covered the accidental injury to Brooks, sues to recover…