Gabarick v. Laurin Maritime (America), Inc.

HAYNES, Circuit Judge:

Appellants Houston Casualty Company and Indemnity Insurance Company of North America (collectively, the “Excess Insurers”), appeal the district court’s decision requiring them to pay prejudgment interest on the funds deposited into the court’s registry in an interpleader action. The Excess Insurers argue that the district court erred by: (1) finding that coverage under the excess policy was triggered by the primary insurer’s filing of an inter-pleader complaint; (2) holding that a marine insurer that files an interpleader action and deposits the policy limits with the…