SAN FRANCISCO - A California appeals panel on May 3 affirmed an award of damages to an insurer regarding another insurer's equitable contribution to the defense of an underlying construction defect case; however, the panel reversed and remanded for the limited purpose of determining whether prejudgment interest is proper and, if so, the amount of such interest (Certain London Underwriters Subscribing to Cover Note Nos. 618/A01635001/039, 618/A11635001/067 and 618/A11635001/017 v. Fairmont Specialty...(read more)![]()
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