Grain Dealers Mutual Insurance v. Pacific Insurance

*212OPINION OF THE COURT BY

WAKATSUKI, J.

I

Brian Knapp was injured when the car he was driving collided with a car driven by Iwao Sato but owned by Maui Island Tours, Ltd. Grain Dealers Mutual Insurance Company, having insured the vehicle driven by Knapp, paid no-fault insurance benefits amounting to more than $ 11,000 for Knapp’s injuries. Sato and Maui Island Tours (tortfeasors) were insured by Pacific Insurance Company, Ltd.

About a year after the accident, Knapp settled his claim against tortfeasors for personal injuries arising from the accident. Pursuant to the settlement agreement, Pacific…