Home Insurance Company v. Aetna Insurance Company

BOWMAN, Circuit Judge.

This appeal originates from a dispute between two insurance companies over the amount that each must pay in the joint settlement of a claim. Home Insurance Company argues that Aetna Insurance Company’s policy provides two separate insuring agreements applicable to the settlement — each containing a $250,000 limit — that require Aetna to pay a total of $500,000. Aetna maintains that only one insuring agreement exists relevant to the settlement and that it limits Aetna’s liability to $250,000. The District Court, 1 after carefully reviewing relevant Nebraska insurance law…