Panel: Equitable Subrogation Doctrine Provides Insurer Claim To Interpleaded Funds

Panel: Equitable Subrogation Doctrine Provides Insurer Claim To Interpleaded Funds

LOS ANGELES - A California appeals panel on Oct. 28 found that the doctrine of equitable subrogation provides an insurer with a claim to a portion of interpleaded funds, reversing and remanding a lower court's ruling against the insurer (American Equity Insurance Co. v. Browne George Ross, No. B243367, Calif. App., 2nd Dist., Div. 3).

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