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N.M. PUB. SCHOOL INS. AUTH. v. ARTHUR J. GALLAGHER & CO.

No. 30,643.

198 P.3d 342 (2008)

2008-NMSC-067

NEW MEXICO PUBLIC SCHOOLS INSURANCE AUTHORITY, Plaintiff-Petitioner, v. ARTHUR J. GALLAGHER & CO., Arthur J. Gallagher & Co. U.K. Limited, and International Special Risk Services, Inc., Defendants-Respondents.

Supreme Court of New Mexico.

November 26, 2008.

Attorney(s) appearing for the Case

Coppler & Mannick, P.C., Paul D. Mannick, Santa Fe, NM, for Petitioner.

Modrall, Sperling, Roehl, Harris & Sisk, P.A., Douglas Arthur Baker, Zachary L. McCormick, Martha G. Brown, Albuquerque, NM, for Respondent.

OPINION

CHÁVEZ, Chief Justice.

{1} The issues we resolve in this case are whether the plaintiff stated a cause of action for professional negligence1 or indemnity and when that action, however characterized, accrued for the purpose of commencing the applicable statute of limitation. Plaintiff New Mexico Public Schools Insurance Authority (the Authority) contends that its cause of action against Defendants Arthur...

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