Massachusetts Superior Court January 2, 2002, No. 005595 (United States Fire Insurance v. Peerless Insurance)

Gants, J.

On December 27, 1999, the plaintiff, United States Fire Insurance Company (“U.S. Fire”), paid $1,750,000 in settlement of insurance claims that arose from a civil suit brought by a condominium trust against parties insured by U.S. Fire. On December 11, 2000, U.S.