Great American Ins. v. Fidelity & Guaranty Ins. Co.
Plaintiff and appellant Great American Insurance Company of New York (Great American) appeals a summary judgment in favor of defendant and respondent Fidelity and Guaranty Insurance Company (Fidelity) in Great Americans action for equitable subrogation. Great American contends the trial court erred in concluding that an indemnity agreement between the parties insureds precluded Great American from recovering settlement monies it paid on behalf of Fidelitys insured.
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