Insurer Is Entitled To Reimbursement For Excess Settlement Payment

(October 2, 2018, 1:27 PM EDT) -- JACKSON, Miss. — An insurer is entitled to reimbursement of almost $300,000 from another insurer because the insurer seeking contribution paid more than its allocated share to settle an underlying silica exposure lawsuit after the other insurer refused to contribute anything more than the remainder of one of its policy limits, a Mississippi federal judge said Sept. 29 (Union Insurance Co. v. The Travelers Indemnity Company of Connecticut, et al., No. 09-283, S.D. Miss., 2018 U.S. Dist. LEXIS 168645)....

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