Zurich-American Insurance v. Mead Reinsurance Corp.

Order, Supreme Court, New York County (Charles E. Ramos, J.), entered June 28, 1989, which denied plaintiffs motion for summary judgment, unanimously modified, on the law, to the extent of granting summary judgment in defendant’s favor and declaring that defendant has no obligation to indemnify or reimburse plaintiff for any portion of amounts plaintiff contributed to the settlement of the underlying action, and the order is otherwise affirmed, with costs.

A vehicle owned by Mendon Leasing and leased by Bowcraft Trimming Co. caused serious physical injury to a pedestrian in New York County in…