Consolidated Shippers, Inc. v. Pacific Employers Insurance

THE COURT.

In this action to recover under the provisions of separate policies of insurance issued by each insurer for a loss sustained, a judgment for $14,522,21 was entered in favor of plaintiff and against appellant Commercial Standard Insurance Company and respondent Pacific Employers Insurance Company, hereinafter referred to respectively as Commercial and Pacific. The judgment, from which this appeal is taken, directs that as between Commercial and Pacific it is to be first satisfied against Commercial to the extent of the limit of liability under its policy ($9,561.10) and that the…