Malibu Broadbeach v. State Farm General Ins,
After paying its insured Malibu Broadbeach, L.P. the full amount due under a property indemnity policy, a sum less than Malibu Broadbeach's total loss, State Farm General Insurance Co. (State Farm) proceeded independently against the third party tortfeasors responsible for the loss and thereafter settled its subrogation claim before its insured had been made whole by the tortfeasors. Malibu Broadbeach then sued State Farm and Bartholomew & Associates, its subrogation lawyers, alleging they had improperly impaired its rights to further recovery from the tortfeasors. The trial court sustained without leave to amend State Farm and its attorneys' demurrer to the first amended complaint. Finding no impairment to Malibu Broadbeach's rights under the circumstances presented here, Court affirm.
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