( May 29, 2024, 3:15 PM EDT) -- NEW YORK — The Second Circuit U.S. Court of Appeals vacated a lower federal court’s dismissal of an insurer’s breach of contract lawsuit seeking indemnification for the settlement of an underlying class action alleging that it undervalued its customers' vehicles when it processed total loss insurance claims, finding that the lower court erred in determining that the insured failed to allege facts sufficient to demonstrate that the underlying claims resulted from or arose out of its use of the defendant’s valuation tool....