Hartford Accident & Indemnity Co. v. Lindsay

The circuit court reversed an order of the Chief Insurance Commissioner and the ruling of the Governing Board of the South Carolina Reinsurance Facility. The effect of his order was to rule that the Insurance Commissioner erred in holding that Hartford Accident and Indemnity Company used excessively and unreasonably its right to cede premiums on South Carolina automobile insurance as reported by its most recently filed annual statement. The Insurance Commissioner has appealed.

Three questions are set forth in the brief of the Insurance Commissioner. Questions 1 and 2 are fully set forth in the…