Arch Insurance Company v. Sunset Financial Services, Inc.

Lisa White Hardwick, Judge,

The circuit court granted summary judgment, in favor of Arch Insurance Company (“Arch”) based on a determination that Arch had no duty to indemnify Sunset Financial Services (“SFS”) for an arbitration award. On appeal, SFS contends the circuit court erred in finding that indemnity coverage was barred by an insurance policy exclusion. SFS also argues that the court erred in sua sponte granting Arch summary judgment ón SFS’s counterclaim for vexatious refusal to indemnify. For reasons explained herein, we find no error and affirm the judgment.

Factual and PROCEDURAL…