Wright v. Fireman's Fund Ins. Companies

Opinion

HUFFMAN, J.

The Fireman’s Fund Insurance Companies (Fireman’s Fund) appeals from a judgment entered after the court granted a summary judgment motion in favor of David and Lorraine Wright, husband and wife (collectively the Wrights). The judgment was based upon a stipulated judgment the Wrights had obtained against an insured 1 of Fireman’s Fund, Paul Overlie (Overlie) in an earlier action. In exchange for the stipulated judgment the Wrights covenanted not to execute against Overlie personally. We are presented with the question whether an insurer that defends an insured can be bound by…