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NORTH EAST INS. CO. v. CONCORD GEN. MUT. INS.

433 A.2d 715 (1981)

NORTH EAST INSURANCE COMPANY v. CONCORD GENERAL MUTUAL INSURANCE COMPANY.

Supreme Judicial Court of Maine.

Decided August 7, 1981.

Attorney(s) appearing for the Case

Monaghan & Leahy, Kevin G. Libby (orally), Portland, for plaintiff.

Berman, Berman & Simmons, P.A., John Sedgewick (orally), Gary Goldberg, Lewiston, for defendant.

Before McKUSICK, C.J., and GODFREY, NICHOLS, GLASSMAN and CARTER, JJ.

McKUSICK, Chief Justice.

At some time prior to September, 1979, plaintiff North East Insurance Company ("North East") settled, for $17,000, a personal injury suit against one of its insureds as a result of an automobile crash. Later discovering that defendant Concord General Mutual Insurance Company ("Concord General") had issued a policy of liability insurance potentially covering the automobile involved in the accident...

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