Ramage v. Alabama Insurance Guaranty Ass'n

GEE, Circuit Judge:

Today we decide whether the district court erred in finding the Alabama Guaranty Insurance Association (the “AGIA”) solely liable as the successor in interest to the Early American Insurance Company (the “EAIC”), an insolvent insurer, for the EAIC’s obligation to pay an agreed settlement judgment to satisfy claims upon an EAIC policy. We also decide whether the district court properly held that the recovery of post-judgment interest is not limited by the AGIA’s statutory per claim limit on total liability. We conclude that the district court correctly interpreted the…