Capitol Indemnity Corporation v. Bill Miles, D/B/A Miles Roofing and Coating, Inc., and Miles Roofing and Coating, a Corporation

MORRIS SHEPPARD ARNOLD, Circuit Judge.

Bill Miles, doing business as Miles Roofing and Coating, Inc., contracted to spray exterior foam insulation on a building that Eagle-Picher Industries owned. The owners of 130 cars parked in the vicinity of the building asserted that excess spray damaged their vehicles and they made claims *438against Eagle-Picher. Eagle-Picher settled these claims for a total of $50,000 and then sued Miles asserting a right to contribution. (That suit is still pending.) Miles then demanded that his liability carrier, Capitol Indemnity (appellant), indemnify him for any…