Panel Upholds Judgment To Insurer On Costs For Defending Insured

Panel Upholds Judgment To Insurer On Costs For Defending Insured

TRENTON, N.J. - A New Jersey appeals panel on April 13 affirmed a judgment of $84,618.76 to reimburse a commercial general liability insurer for another insurer's share of defense costs in an underlying negligence action regarding allegations of construction defects; however, the panel reversed a judgment of $74,308.97 for counsel fees (Potomac Insurance Company of Illinois, by its transferee, OneBeacon Insurance Co. v. Pennsylvania Manufacturers' Association Insurance Co., et al.,  No. A-3164-09T2, N.J. Super., App. Div.; 2012 N.J. Super. LEXIS 52).

Find full version on lexis Advance®
Access this news story on lexis.com®