Supreme Court of Iowa April 2, 2003, 02-0170 (Federated Ins. v. Iowa Mutual Insurance Co.)

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United States · · · 02-04-2003

NEUMAN, Justice.

This is a declaratory judgment action to determine the apportionment of insurance proceeds between two insurers who settled with injured parties following an automobile collision. The appellant, Iowa Mutual Insurance Company, claims the district court’s decision permits the other insurer, Federated Insurance, to unlawfully subro-gate against its own insured.

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