Nevada Supreme Court

St. Paul Fire & Marine Ins. Co. v. Nat'L Union Fire Ins. Co. of Pittsburgh, Pa

December 8, 2022

Summary

The Nevada Supreme Court affirmed summary judgment against an excess insurer's subrogation, contribution, and indemnification-related claims arising from a settlement of an underlying tort action. It held that the insured suffered no subrogatable damages because the insurers exhausted their policy limits before an excess judgment, that equal-level insurers could not seek equitable contribution after each paid its full policy limit, and that contractual waivers and indemnification provisions barred the remaining claims.