P & F Industries, Inc. v. Pennsylvania Insurance Guaranty Ass'n

HOFFMAN, Judge:

This is an appeal from an order dated August 15, 1994, granting summary judgment in favor of appellee, Pennsylvania Insurance Guaranty Association [“PIGA”]. Appellant, P & F Industries, Inc., [“P & F”], raises the following issues for our review.

1. WHETHER A CONTRIBUTION PAYMENT BY AN INSURED ON BEHALF OF ITS INSOLVENT INSURER TO EFFECT SETTLEMENT OF AN ACKNOWLEDGED “COVERED CLAIM” DEPRIVES THE INSURED OF ANY BENEFIT UNDER THE PENNSYLVANIA INSURANCE GUARANTY ASSOCIATION ACT, 40 P.S. § 1701.101 ET SEQ.1

*4152. WHETHER THE ACTIONS OF PIGA IN DIRECTING P & F TO EXHAUST ALL SOURCES OF…