Legal Opinion
South Carolina Life & Accident & Health Insurance Guaranty Ass'n v. Liberty Life Insurance
Court of Appeals of South Carolina
Decided May 11, 1998No. 2842PublishedCited by 2 opinions
1Opinion of the Court
GOOLSBY, Judge:
This case involves the interpretation of the South Carolina Life and Accident and Health Insurance Guaranty Association Act (Guaranty Act). The trial court issued a declaratory judgment absolving the South Carolina Life and Accident and Health Insurance Guaranty Association (the Association) of liability for coverage of certain investment contracts sold by Liberty Life Insurance Company (Liberty). Liberty appeals. We affirm.
Facts
In 1980, at the request of Hunt, Dupree and Rhine, a benefits consulting firm, Liberty designed an insurance product to be used by trustees and…
2Cases cited16 opinions
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- Texas Commerce Bank v. GaramendiCalifornia Court of Appeal · 1992
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3Cited by2 opinions
- South Carolina Life & Accident & Health Insurance Guaranty Ass'n v. Liberty Life InsuranceSupreme Court of South Carolina · 2001
- South Carolina Life & Accident & Health Insurance Guaranty Ass'n v. Liberty Life InsuranceSupreme Court of South Carolina · 2001