Mealey's (August 11, 2016, 10:45 AM EDT) -- PASADENA, Calif. — The Ninth Circuit U.S. Court of Appeals on Aug. 9 affirmed a lower federal court’s ruling that an insurer’s equitable contribution claim against a second insurer fails because the insurers did not share the same level of risk (Mitsui Sumitomo Insurance USA, Inc., et al. v. Tokio Marine & Nichido Fire Insurance Company, Ltd., No. 14-56337, 9th Cir.; 2016 U.S. App. LEXIS 14622).

(Opinion available. Document #13-160818-007Z.)

Mitsui Sumitomo Insurance USA Inc. and Mitsui Sumitomo Insurance Company of America (collectively, Mitsui) sued Tokio...