American Protection Insurance v. Airborne, Inc.

MEMORANDUM OPINION AND ORDER

SHADUR, Senior District Judge.

In this diversity action American Protection' Insurance Company (“American Protection”) charges Airborne, Inc. (“Airborne”) with breach of an American Protection policy (“Policy”) that provided automobile liability insurance. 1 American Protection claims that Airborne must reimburse it for a $1 million deductible amount that American Protection paid out as part of a $2.85 million settlement with a third-party claimant against Airborne. Airborne responds that under the Policy American Protection was not entitled to settle the…