Reed Roller Bit Co. v. Pacific Employers Ins. Co

RIVES, Circuit Judge.

The plaintiff, Reed Roller Bit Company (Reed), appeals from a judgment granting a motion of defendant, Pacific Employers Insurance Company (Insurance Company), to dismiss the complaint for failure to state a claim upon which relief can be granted.

Reed sued the Insurance Company on a liability insurance policy to recover expenses, attorney’s fees and $11,500.00 paid by Reed to Furman J. Johns in settlement of Johns’ suit against Reed and Bay JBtate Abrasive Products Company (Bay State) in the United States District Court of Maryland. The settlement was made after the…