Equity Mutual Insurance Co. v. Insurance Co. of North America

PREWITT, Judge.

Equity Mutual Insurance Company (Equity Mutual) appeals from a judgment declaring that it and respondent Insurance Company of North America (INA) both provided primary liability insurance coverage on a tractor-trailer unit involved in a collision and that both should share the payments made in settlement of liability claims *906and the costs of defense in proportion to the coverages provided by their respective policies. Equity Mutual contends that its policy is excess and that it is only obligated for claims after INA’s liability limit has been exhausted. The trial court…