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RLI INS. CO. v. NAVIGATORS INS. CO.

652471/11, 9250, 153250/15, 9249.

172 A.D.3d 475 (2019)

97 N.Y.S.3d 855

2019 NY Slip Op 03663

RLI Insurance Company, Plaintiff, v. Navigators Insurance Company et al., Respondents, and State National Insurance Company, Appellant, et al., Defendants. Scottsdale Insurance Company, Respondent, v. RLI Insurance Company et al., Defendants, Navigators Insurance Company et al., Respondents, and State National Insurance Company, Appellant.

Appellate Division of the Supreme Court of New York, First Department.

Decided May 9, 2019.

The insurance policy issued by State National had a per-occurrence limit of liability of $1,000,000. In accord with the plain language of the policy, State National's payment of the full amount of the policy limit on August 19, 2016, extinguished its obligation to pay any prejudgment interest that might accrue after that date. Moreover, State National's unconditional payment of the full amount of the policy limit to the plaintiffs in the underlying action before the entry...

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