CENTURY INDEMNITY CO. v. LONDON UNDERWRITERS

Docket No. F016343.

12 Cal.App.4th 1701 (1993)

16 Cal. Rptr.2d 393

CENTURY INDEMNITY COMPANY, Cross-complainant and Respondent, v. LONDON UNDERWRITERS, Cross-defendant and Appellant.

Court of Appeals of California, Fifth District.

February 5, 1993.


Attorney(s) appearing for the Case

COUNSEL

King, Macleod, Alford & Morey, Donald F. Morey and William H. King for Cross-defendant and Appellant.

Barger & Wolen, William A. Kurlander and Larry M. Golub for Cross-complainant and Respondent.


OPINION

ARDAIZ, Acting P.J.

This case presents the following question. When a primary insurer pays $500,000 of its insured's $1.1 million settlement of a claim against the insured, and when the insured's excess insurer pays the remaining $600,000 of the claim, and when the insured recovers indemnification of $500,000 from a third party, which of the two insurers is entitled to be reimbursed with the $500,000 received from the third...

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