AMERICAN GUARANTEE AND LIABILITY INSURANCE COMPANY v. CNA REINSURANCE COMPANY, LIMITED


42 A.D.3d 338 (2007)

839 N.Y.S.2d 740

AMERICAN GUARANTEE AND LIABILITY INSURANCE COMPANY, Appellant, v. CNA REINSURANCE COMPANY, LIMITED et al., Respondents.

Appellate Division of the Supreme Court of the State of New York, First Department.

Decided July 12, 2007.


The issue raised by plaintiff regarding whether or not it was entitled to statutory interest on the amount it recovered in this litigation as well as interest on the amount it paid for defense costs, was previously determined by this Court.

In its brief on the prior appeal from the denial of summary judgment, plaintiff argued that it was entitled to statutory interest at the rate of 9%. Although this Court did not specifically address this issue in the prior decision...

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