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2. PRI Insurance Company insures a Philadelphia restaurant for $1million of liability coverage as a primary insurer. XS Insurance Company insures the restaurant for $2

2. PRI Insurance Company insures a Philadelphia restaurant for $1million of liability coverage as a primary insurer. XS Insurance Company insures the restaurant for $2 million of liability coverage as an excess insurer. The restaurant is sued by a customer who slipped and fell on a wet floor in the restaurant, suffering severe head injuries. The injured customer wins a $1.5 million judgment from the lawsuit. How much will be paid by the two insurers if the loss is split on a primary/excess insurance basis?

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