Legal Opinion
South Carolina Life & Accident & Health Insurance Guaranty Ass'n v. Liberty Life Insurance
Supreme Court of South Carolina
Decided April 2, 2001No. 25274PublishedCited by 3 opinions
1Opinion of the Court
PLEICONES, Justice:
We granted certiorari to review the Court of Appeals’ affirmation of the trial court’s ruling that certain investment contracts were not covered by the South Carolina Life and Accident and Health Insurance Guaranty Association (“the Association”). South Carolina Life & Accident & Health Ins Guar. Ass’n v. Liberty Life Ins. Co., 331 S.C. 268, 500 S.E.2d 193 (Ct.App.1998). Liberty Life Insurance Company (“Liberty”) contends the contracts are annuities entitled to coverage. We disagree and affirm.
BACKGROUND
The Guaranty Act
The Association was created in 1972 when the…
2Cases cited12 opinions
- Broadhurst v. City of Myrtle Beach Election CommissionSupreme Court of South Carolina · 2000
- Minnesota Life & Health Insurance Guaranty Ass'n v. Department of CommerceCourt of Appeals of Minnesota · 1987
- UNISYS Corp. v. Pennsylvania Life & Health Insurance Guaranty Ass'nCommonwealth Court of Pennsylvania · 1995
- Arizona Life & Disability Insurance Guaranty Fund v. Honeywell, Inc.Arizona Supreme Court · 1997
- Board of Trustees of Maryland Teachers & State Employees Supplemental Retirement Plans v. Life & Health Insurance Guaranty Corp.Court of Appeals of Maryland · 1994
7 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- McClanahan Ex Rel. Richland County Landowners & Taxpayers v. Richland County CouncilSupreme Court of South Carolina · 2002
- Unisys Corp. v. Nebraska Life & Health Insurance Guaranty Ass'nNebraska Supreme Court · 2004
- Unisys v. NEBRASKA LIFE AND HEALTH INS.Nebraska Supreme Court · 2004