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RELIANCE INS. CO. v. KEYSTONE SHIPPING CO.

No. 96 CIV. 5948(RLC).

102 F.Supp.2d 181 (2000)

RELIANCE INSURANCE COMPANY, Continental Insurance Company, Royal Insurance Company, and New York Marine General Insurance Company, Plaintiffs, v. KEYSTONE SHIPPING COMPANY and, Intercoastal Bulk Carriers, Defendants. Reliance Insurance Company, Continental Insurance Company, Royal Insurance Company, and New York Marine General Insurance Company, Third Party-Plaintiffs, v. Sedgwick James of Pennsylvania Third Party-Defendants.

United States District Court, S.D. New York.

June 21, 2000.

Attorney(s) appearing for the Case

Brown Gavalas & Fromm, L.L.P., New York City, David Fromm, Harry A. Gavalas, Timothy G. Hourican, Of Counsel, for Plaintiffs.

Proskauer Rose Goetz & Mendelsohn, L.L.P., New York City, John H. Gross, Amy Sandgrung, Seth Schafler, Of Counsel, for Defendants.

Wilson, Elser, Moskowitz, Edelmen & Dicker, New York City, Philip J. Walsh, Of Counsel, for Third Party Defendants.

OPINION

ROBERT L. CARTER, District Judge.

Plaintiffs Reliance Insurance Company, ("Reliance"), Continental Insurance Company, ("Continental"), and Royal Insurance Company, ("Royal"), (collectively "plaintiffs" or "insurers"), seek a judgment declaring that they are not required under the provisions of a marine multi-liability excess insurance policy ("bumbershoot policy") to indemnify the defendants: Keystone Shipping Company, ("Keystone"), and Intercoastal...

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