Franklin Mutual Insurance v. Security Indemnity Insurance

The opinion of the court was delivered by

MICHELS, P.J.A.D.

Defendant Security Indemnity Insurance Company (Security) appeals from a summary judgment of the Law Division that (1) ordered it to reimburse plaintiff Franklin Mutual Insurance Company (Franklin) one-half of the amount of judgment recovered by Lisa Arkin against Franklin’s insured, Law Building Associates, in an underlying personal injury negligence action and one-half of the legal fees and costs incurred by Franklin in defending that action, and (2) dismissed Security’s counterclaim seeking coverage for its insured, Jury Box…