Panel: Insurer Liable For $3M Judgment To Additional Insured For Negligence Claims

(February 27, 2020, 1:42 PM EST) -- DENVER — The 10th Circuit U.S. Court of Appeals on Feb. 26 affirmed a lower court’s ruling that an insurer owes coverage for an underlying $3 million settlement for an additional insured over a negligence suit, further affirming the lower court’s finding that the additional insured was not entitled to prejudgment interest and attorney fees (Lexington Insurance Company v. Precision Drilling Company, L.P., et al., Nos. 18-8072 and 18-8080, 10th Cir., 2020 U.S. App. LEXIS 5810)....

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