Auto Now Acceptance Corp. v. Catawba Insurance

JUSTICE BURNETT:

Auto Now Acceptance Corp. (Auto Now) brought this action against Catawba Insurance Co. (Catawba) for failing to provide it notice of cancellation of an insurance policy listing Auto Now as loss payee. A divided Court of Appeals affirmed the trial judge’s ruling in favor of Auto Now. See Auto Now Acceptance Corp. v. Catawba Ins. Co., 842 S.C. 526, 537 S.E.2d 553 (Ct.App.2000). We reverse.

Facts

Catawba issued an automobile insurance policy to Jacqueline D. Robinson and Michelle Jones (Insured). Auto Now took assignment of the installment sales contract between Insured and the car…