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Case Summary |
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3044 REVIEW DENIED An excess insurer's obligation not to favor one insured over another exists from the inception of the insurance agreement, so payment of full benefits to one insured with knowledge of the other insured's competing claim to the same limited pool of insurance funds may breach the insurer's obligation.CitationSCHWARTZ v STATE FARM (Multiple Insureds) 88 CA4 1329 [See: Gruenberg v Aetna 9 C3 566; Phoenix v US Fire 189 CA3 1511; Love v Fire Ins Exch 221 CA3 1136] |
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Finz Case Law Summaries (Finz Advance Tapes)
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