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SAFEWAY TRAILS, INC. v. STUYVESANT INSURANCE COMPANY

No. 8799.

316 F.2d 234 (1963)

SAFEWAY TRAILS, INC., et al., Appellants, v. The STUYVESANT INSURANCE COMPANY, Appellees.

United States Court of Appeals Fourth Circuit.

Decided April 4, 1963.

Attorney(s) appearing for the Case

Richard L. Wharton, Greensboro, N. C., and Richard R. Paradise, Washington, D. C. (Charles B. McInnis, Washington, D. C., L. A. Odom, Spartanburg, S. C., and Roberts & McInnis, Washington, D. C., on brief), for appellants.

Bynum M. Hunter and David M. Clark, Greensboro, N. C. (Smith, Moore, Smith, Schell & Hunter, Greensboro, N. C., on brief), for appellees Stuyvesant, Unity, U. S. Liability, Global, Preferred and Nationwide, defendant reinsurers.

Before SOBELOFF, Chief Judge, HAYNSWORTH, Circuit Judge, and HARRY E. WATKINS, District Judge.

PER CURIAM.

Plaintiffs are each insured under public liability policies issued by defendant, Equity General Insurance Company. The latter company was unable to carry all of such insurance and entered into quota reinsurance agreements with the other defendant insurance companies. These plaintiffs have sustained losses under their policies with Equity General. The reinsurance agreements between Equity General and defendant insurance companies provide that in the event...

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