Appeals Court Upholds Ruling Against OneBeacon

Law360, New York (October 12, 2010, 2:49 PM EDT) -- A Washington state appeals court has upheld a decision against OneBeacon Insurance Group Ltd., requiring it to pay more than $229,000 to another insurer to help cover the settlement in an underlying construction lawsuit.

On Monday, the panel of judges with the Washington State Court of Appeals rejected OneBeacon's contention that the trial court should have granted a motion of reconsideration and, based on a smaller window of liability, minimized its contribution to the settlement cost shouldered by Mutual of Enumclaw Insurance Co. in the underlying...
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