CGL Insurer Owes Homeowners Insurer Half Of $900,000 Accidental Death Settlement

Mealey's (March 11, 2019, 2:06 PM EDT) -- DES MOINES, Iowa — The Iowa Supreme Court on March 8 affirmed a lower court’s finding that a commercial general liability insurer, as a co-insurer of a farmhouse property, has a duty to indemnify a homeowners insurer for half of the $900,000 paid to settle an underlying accidental shooting death that occurred on the insured property (Metropolitan Property And Casualty Insurance Company, et al. vs. Auto-Owners Mutual Insurance Company, No. 18-0129, Iowa Sup., 2019 Iowa Sup. LEXIS 20)....