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WORKMEN'S COMP. COMM'N v. PROPERTY & CAS. INS. GUARANTY CORP.

No. 645, September Term, 1987.

74 Md. App. 99 (1988)

536 A.2d 714

WORKMEN'S COMPENSATION COMMISSION, v. PROPERTY & CASUALTY INSURANCE GUARANTY CORPORATION.

Court of Special Appeals of Maryland.

Certiorari Granted June 2, 1988.

Attorney(s) appearing for the Case

Julia M. Freit, Asst. Atty. Gen. (J. Joseph Curran, Jr., Atty. Gen. and Mary C. Keane, Staff Attorney, on the brief), Baltimore, for appellant.

Albert J. Mezzanotte, Jr. (J. Norris Byrnes, Philip B. Barnes and Whiteford, Taylor & Preston, on the brief), Towson, for appellee.

Argued before GILBERT, C.J., and BLOOM and POLLITT, JJ.

POLLITT, Judge.

The Property and Casualty Insurance Guaranty Corporation (PCIGC) is a private, nonprofit, nonstock corporation created by the Legislature "to provide a mechanism for the prompt payment of covered claims under certain insurance policies and to avoid financial loss to residents of Maryland who are claimants or policyholders of an insurer, including surety, which has become insolvent...." Maryland Code (1957, 1986 Repl. Vol.), Art. 48A, § 504. All...

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