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S.C. INS. COMM. v. S.C. LIFE & HEALTH INS.

20282

267 S.C. 378 (1976)

228 S.E.2d 273

SOUTH CAROLINA INSURANCE COMMISSION, Petitioner-Plaintiff, v. The SOUTH CAROLINA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION, Respondent-Defendant.

Supreme Court of South Carolina.

September 9, 1976.

Attorney(s) appearing for the Case

Messrs. Daniel R. McLeod, Atty. Gen., Victor S. Evans, Dep. Atty. Gen., A. Camden Lewis and John L. Choate, Asst. Attys. Gen., of Columbia, for Petitioner-Plaintiff.

Messrs. Charles W. Knowlton and, George S. King, Jr., of Boyd, Knowlton, Tate & Finlay, Columbia, for Respondent-Defendant.

September 9, 1976.

LEWIS, Chief Justice.

We assumed original jurisdiction of this case upon the petition of the South Carolina Insurance Commission (petitioner) in order to determine the obligation of the South Carolina Life and Health Guaranty Association (respondent), under the guaranty provisions of Code Section 37-561 et seq., to the policyholders of New South Life Insurance Company (New South). This litigation...

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