Liberty Mutual Insurance v. United States Fidelity & Guaranty Insurance

MEMORANDUM OPINION AND ORDER

TOM S. LEE, District Judge.

This is an action whereby Liberty Mutual Insurance Company (Liberty Mutual), plaintiff, seeks reimbursement or, alternatively, contribution from United States Fidelity and Guaranty Insurance Company (USF & G), defendant, for amounts expended in defending two state court actions. The parties have stipulated to all relevant facts, and the cause is now before the court for decision. The court has considered the memoranda submitted by the parties in reaching its conclusions of law.

The stipulated facts are as follows. In 1982 the Mississippi…