Insurer Seeks Judgment In Settlement Spat Over $4M

Law360, New York (October 4, 2007, 12:00 AM EDT) -- Harco National Insurance Company has asked a Manhattan court for summary judgment in a bid to recover $4 million from two other insurers in a suit centering on an $11 million payment, which went to settle the claims of a woman who was severely injured in a truck crash.

On Wednesday, Harco filed its motion for summary judgment and a supporting memorandum of law in the U.S. District Court for the Southern District of New York. Harco wants $1 million plus 9% interest from defendant Axis...
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