Opinion ID: 799890
Heading Depth: 4
Heading Rank: 2

Heading: Any other primary insurance available to you

Text: covering liability for damages arising out of the premises or operations or the “products-completed operations hazard” for which you have been added as an additional insured by attachment of an endorsement. When this insurance is excess over other insurance, we will pay only our share of the amount of the loss, if any, that exceeds the sum of: (1) The total amount that all such other insurance would pay for the loss in the absence of this insurance; and (2) The total of all deductibles and self-insured amounts under all that other insurance. We will share the remaining loss, if any, with any other insurance that is not described in this Excess Insurance provision and was not bought specifically to apply in excess of the limits of insurance shown in the Declarations of this Policy. c. Method of Sharing If all of the other insurance permits contribution by equal shares, we will follow this method also. Under this approach each insurer contributes an equal amount until it has paid its applicable limit of insurance or none of the loss remains, whichever comes first. If any of the other insurance does not permit contribution by equal shares, we will contribute by limits. Under this method, each insurer’s share is based on the ratio of its applicable limit of insurance to the total applicable limits of insurance of all insurers. 5 Case: 11-30477 Document: 00511856359 Page: 6 Date Filed: 05/15/2012 No. 11-30477 C. Procedural Background Deville brought suit against Conmaco, Great Southern, and their various insurers in the Eastern District of Louisiana in late 2009. Conmaco then filed a third-party complaint against FFIC, claiming that Conmaco was an additional insured under Great Southern’s policy with FFIC. In September 2010, FFIC moved for summary judgment on Conmaco’s third-party action. The district court denied that motion, reasoning that the Lease was an “insured contract” under the FFIC Policy. In October 2010, Great Southern, XL, and another insurer (Seabright Insurance Company) settled with Deville, and they were dismissed with prejudice pursuant to that settlement. A trial on all remaining claims between the parties was scheduled, but prior to that, Deville settled with Conmaco and Lexington for $1,500,000. After hearing argument on the ranking of the respective insurance policies, the district court concluded that (1) the FFIC Policy covered Conmaco, (2) the FFIC Policy was primary up to its one-million-dollar limit, and (3) Lexington and XL would share the remaining $500,000 owed to Deville in the settlement on a 4:1 basis with XL paying $400,000 and Lexington paying $100,000. FFIC timely appealed, invoking our jurisdiction under 28 U.S.C. § 1291.