Insurance Co. of North America v. Security Insurance Co.

OPINION

DUGGAN, Justice.

Insurance Company of North America (“INA”) appeals from a summary judgment that denied it the right to pursue an assigned claim against appellee, Security Insurance Company (“Security”). INA characterizes its claim against Security as a “classic” Stowers 1 action. Security describes the claim as a veiled attempt by a settling tortfeasor’s insurer to obtain reimbursement from its insured’s nonsettling joint tortfeasor. In a single point of error, INA asserts the trial court erred in granting summary judgment as a matter of law. We affirm.

In 1982, Stainless, Inc.…