Pennsylvania Court of Common Pleas, Philadelphia County November 12, 2004, no. 2709 (Resource America Inc. v. Certain Underwriting Members of Lloyd's Subscribing to Policy No.)

SHEPPARD JR., J.,

Before the court are cross-motions for summary judgment on the issue of whether defendant,1 the excess liability insurer *498of the directors and officers of Resource America Inc. (RAI), must contribute $2,000,000 to a settlement entered into between RAI and a class of plaintiffs that had sued RAI for securities fraud based on alleged improper accounting practices.