Reinsurer Denied Final Judgment in Battle Over Coverage for Fire Truck Collision
September 22, 2020
LOS ANGELES — A California federal court has denied reinsurer Argonaut Insurance Co.’s motion to issue a final judgment in its favor in a dispute over liability for an underlying settlement of claims arising from a fire truck collision, explaining that an appeal of a previous ruling may still occur.
In a Sept. 4 order, the U.S. District Court for the Central District of California said Argonaut has identified no reason for the court to issue a judgment resolving the excess insurer’s claim against Argonaut while the dispute between the excess insurer and the municipality insurer remains pending.
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