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COMMERCIAL CREDIT EQUIP. CORP. v. FLORIDA INS. GUARANTY ASS'N

No. 90-2421.

583 So.2d 372 (1991)

COMMERCIAL CREDIT EQUIPMENT CORP., Appellant, v. FLORIDA INSURANCE GUARANTY ASSOCIATION, Appellee.

District Court of Appeal of Florida, Fourth District.

Motions for Clarification, Rehearing, Rehearing and Certification Denied August 28, 1991.

Attorney(s) appearing for the Case

Harry S. Raleigh, Jr., Fleming, O'Bryan & Fleming, P.A., Fort Lauderdale, for appellant.

G. Bart Billbrough and Geoffrey B. Marks, Walton Lantaff Schroeder & Carson, Miami, for appellee.

Motions for Clarification, Rehearing, Rehearing En Banc and Certification Denied August 28, 1991.

HERSEY, Judge.

The issue on appeal is whether an insurance policy under which appellant filed a claim as lienholder provided "credit insurance" within the meaning of the exclusion from coverage contained in section 631.52, Florida Statutes (1985).

Moody Aviation, Inc. borrowed money from appellant, Commercial Credit Equipment Corp., and gave back a security...

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