Preferred Mutual Insurance v. Allcity Insurance

—Order, Supreme Court, New York County (Lewis Friedman, J.), entered March 13, 1997, which, in an action by one insurer against another pursuant to Insurance Law § 3420 (b) (1) or (2) to recover (1) the settlement proceeds paid by plaintiff in an underlying action in which the parties’ insureds were the defendants, and (2) plaintiffs attorneys’ fees incurred in the instant action, granted plaintiffs motion for summary judgment on its first cause of action to recover 20% of the settlement proceeds plus all of its attorneys’ fees incurred in the instant action to the extent of awarding it such…