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Trial Court Properly Considered Indemnity Agreement, Panel Says

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SAN FRANCISCO - The First District California Court of Appeal on April 17 rejected an insurer's argument that a trial court erred in taking an indemnity agreement between two parties into consideration when it allocated defense costs and settlement payments among the insurers for underlying asbestos suits (United States Fire Insurance Co. v. Arrowood Indemnity Co., et al., No. A133665, Calif. App., 1st Dist., Div. 4; 2013 Cal. App. Unpub. LEXIS 2735)....(read more)

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