Washington Insurance Guaranty Ass'n v. McKinstry Co.

McKinstry Company (McKinstry) appeals from the trial court's ruling that the Washington Insurance Guaranty Association (WIGA) is entitled to reduce the amount payable on a claim arising from the insolvency of an excess insurer by the policy limits of the underlying primary coverage.

I

The facts are undisputed. In October 1984, Cossie Bur-russ sued McKinstry for personal injuries allegedly sustained as a result of McKinstry's negligence. McKinstry carried primary insurance coverage with CNA Insurance Company (CNA). The policy issued by CNA had a liability limit of $500,000 for bodily injuries.…