Corn Plus Cooperative v. Continental Casualty Co.

MURPHY, Circuit Judge.

Corn Plus Cooperative (“Corn Plus”) brought this declaratory judgment claim against Continental Casualty Company (“Continental”) and Lumbermens Mutual Casualty Company (“Lumbermens”) to enforce a settlement it had reached with its mechanical contractor who was insured by appellees. The district court 1 determined that the insurance policies did not cover all of appellant’s claims and thereafter granted summary judgment to the insurers, concluding that the settlement was unreasonable because it had failed to allocate between covered and noncovered damages. The court also…