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POTOMAC INS. CO. v. ALLSTATE INS. CO.

19041

254 S.C. 107 (1970)

173 S.E.2d 653

The POTOMAC INSURANCE COMPANY, Appellant, v. ALLSTATE INSURANCE COMPANY, Respondent.

Supreme Court of South Carolina.

April 13, 1970.

Attorney(s) appearing for the Case

Messrs. Bridges & Whisenhunt, of Florence, for Appellant.

Messrs. Haynesworth, Perry, Bryant, Marion & Johnstone, of Greenville, for Respondent.

April 13, 1970.

BUSSEY, Justice.

This is a controversy between two liability insurance carriers as to who shall bear the ultimate financial burden of the settlement of certain claims, which settlement was arranged and contributed to equally by both insurers, under an agreement whereby each reserved the right to litigate the issue of where the ultimate financial burden lay. The appellant, The Potomac Insurance Company, instituted this action

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