Panel: Excess Insurer Has Alleged Viable Equitable Subrogation, Bad Faith Claims

(August 9, 2016, 2:25 PM EDT) -- LOS ANGELES — A California appeals panel on Aug. 5 held that the lack of an excess judgment against Warner Brothers Entertainment Inc. in an underlying employment injury dispute that settled does not preclude the equitable subrogation and breach of the duty of good faith and fair dealing lawsuit that the entertainment company’s excess insurer brought against its primary insurer (Ace American Insurance Co. v. Fireman's Fund Insurance Co., No. B264861, Calif. App., 2nd Dist., Div. 4; 2016 Cal. App. LEXIS 647).

(Opinion available. Document #13-160818-006Z.)...
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