Insurer Appeals Over Its Share Of Accident Settlement

Law360, New York (November 18, 2009, 1:32 PM EST) -- Federal Insurance Co. has appealed a decision that forced it to pay half of a $26.5 million settlement that was reached after a truck driver collided with a stalled vehicle on Route 1 in New Jersey.

Federal filed its notice of appeal on Tuesday, which will move the case from the U.S. District Court for the Southern District of New York to the U.S. Court of Appeals for the Second Circuit.

At the lower court level, Federal — as subrogor of an American Automobile Association Inc....
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