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NORTH CAROLINA INS. GUAR. ASS'N v. CENTURY INDEM. CO.

No. 9310SC677.

444 S.E.2d 464 (1994)

115 N.C. App. 175

NORTH CAROLINA INSURANCE GUARANTY ASSOCIATION, Plaintiff, v. CENTURY INDEMNITY COMPANY, Defendant.

Court of Appeals of North Carolina.

June 21, 1994.

Attorney(s) appearing for the Case

Moore & Van Allen by Joseph W. Eason, Christopher J. Blake, & Louis S. Watson, Jr., Raleigh, for plaintiff-appellant.

Cranfill, Sumner & Hartzog by Robert W. Sumner and Susan K. Burkhart, Raleigh, for defendant-appellee.

EAGLES, Judge.

Plaintiff-Association brings forth two assignments of error. After careful review, we affirm.

I.

The first issue presented by plaintiff-Association is whether defendant-Century's commercial umbrella policy must "drop down" and serve as primary insurance as a result of the insolvency of Long's primary liability carrier (AMLIC). See Annotation, "Primary Insurer's Solvency as Affecting Excess Insurer's Liability," 85 ALR 4th 729...

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