New York Panel: 2 Insurers Have No Duty To Reimburse Defense Costs To 3rd Insurer

Mealey's (May 18, 2016, 7:45 AM EDT) -- NEW YORK — A New York appeals panel on May 5 affirmed a lower court’s ruling that two commercial general liability insurers had no duty to defend their insured against an underlying arbitration proceeding that settled for $3.2 million, further finding that they are not obligated to reimburse a third CGL insurer for $2.2 million in underlying defense costs (Allied World National Assurance Co. v Great Divide Insurance Co., et al., No. 162187/14, N.Y. Sup., App. Div., 1st Dept.; 2016 N.Y. App. Div. LEXIS 3449)....
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