H.K. Porter Company, Inc., a Corporation v. Pennsylvania Insurance Guaranty Association, an Unincorporated Association

OPINION OF THE COURT

SAROKIN, Circuit Judge:

Plaintiff H.K. Porter Company, Inc. (“Porter”) filed suit in federal district court against the Pennsylvania Insurance Guaranty Association (“PIGA”) seeking a declaration that PIGA was legally obligated to indemnify Porter under the terms of three insurance policies issued to Porter by an insolvent insurance company. Porter claimed that each of the approximately 100,000 lawsuits filed against it constitutes a separate “covered claim” for which Porter is entitled to the statutory limit of $300,000, subject to the $5 million coverage limit of each…