Nobel Insurance v. Austin Powder Co.

MEMORANDUM OPINION AND ORDER

DAWSON, District Judge.

Nobel Insurance Company (hereinafter “Nobel”) brings this diversity action seeking a declaratory judgment that an insurance policy it issued to Austin Powder Company (hereinafter “Austin Powder”) provided no coverage for a personal-injury claim asserted against APAC-Arkansas, Inc., d/b/a/ Arkhola Sand and Gravel Company (hereinafter “APAC”) as an additionally named insured. Nobel also seeks reimbursement for sums it expended to defend and settle the claim against APAC, while reserving its right to contest coverage. Currently before the Court…