Title insurers debate responsibility for handling claim

After two national underwriters agreed to co-insure a lender policy, the insured development projects went into bankruptcy. The lender worked with the companies to address its claim, but sued one of the insurers for bad faith and breach of contract. The insurer moved to implead the other underwriter, who moved to dismiss the impleader complaint. Read on to find out what the U.S. District Court for the Central District of California had to say.