Civil Procedure Keyed to Friedenthal
Pan American Fire & Cas. Co. v. Revere
Pan American Fire & Cas. Co’s (Plaintiff’s) insured collided with a school bus. Four people were killed and many others were injured. Plaintiff’s insured had a policy limit of $100,000. Three suits were pending and claims had been filed when Plaintiff filed an interpleader action seeking a determination of the distribution of the insurance proceedings and a suspension of the current legal proceedings pending the court’s determination regarding the proceeds. Plaintiff posted bond in the amount of the policy. Plaintiff claimed “no interest” in the property but denied its insured was liable on the ground that anything contrary may be deemed an admission of liability by both Plaintiff and the insured.
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