Taylor Service Company v. Texas Property and Casualty Insurance Guaranty Association

POWERS, Justice.

Taylor Service Company appeals from a trial-court judgment that it take nothing by its suit for declaratory and ancillary relief against the Texas Property and Casualty Insurance Guaranty Association. We will affirm the judgment.

THE CONTROVERSY

Taylor purchased from COMCO Insurance Company two liability insurance policies; the first a primary or underlying automobile policy with an aggregate limit of one-million dollars and the second an excess policy limited in a like amount. Each policy was in effect when Taylor became liable to a third party, in the amount of $250,000,…