Ticor Title Insurance v. Employers Insurance of Wausau

Opinion

ANDERSON, P. J.

I. Introduction and Background

This appeal involves yet another insurance squabble in the tangle of litigation stemming from the demise of Technical Equities Corporation (TEC), a diversified investment services company that sought bankruptcy court protection in February 1986. Appellant is Employers Insurance of Wausau (Wausau), provider of second layer excess general liability insurance to respondent Ticor Title Insurance Company and Ticor Title Insurance Company of California (Ticor).

The bankruptcy estate of TEC (Estate) sued Ticor for its alleged acts or omissions in…