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BARCLAYSAMERICAN v. N.C. INS. GUAR.

No. 8926SC1133.

392 S.E.2d 772 (1990)

99 N.C. App. 772

BARCLAYSAMERICAN/LEASING, INC., Plaintiff, v. NORTH CAROLINA INSURANCE GUARANTY ASSOCIATION, Defendant.

Court of Appeals of North Carolina.

July 3, 1990.

Attorney(s) appearing for the Case

Moore & Van Allen by Joseph W. Eason and Christopher J. Blake, Raleigh, for defendant-appellant.

Tucker, Hicks, Hodge and Cranford, P.A. by John E. Hodge, Jr., Charlotte, for plaintiff-appellee.

WELLS, Judge.

Defendant advances two arguments challenging the trial court's entry of summary judgment for plaintiff on its first claim for relief. First, defendant contends that plaintiff's claim was not within the coverage of the residual value policy issued by Integrity. Second, defendant contends that the North Carolina Insurance Guaranty Association Act does not apply to the residual value policy in that such policy is "credit insurance," expressly excluded from...

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