P & F INDUS. v. INS. GUAR. ASS'N


443 Pa.Super. 279 (1995)

661 A.2d 414

P & F INDUSTRIES, INC., Appellant, v. PENNSYLVANIA INSURANCE GUARANTY ASSOCIATION.

Superior Court of Pennsylvania.

Filed July 17, 1995.


Attorney(s) appearing for the Case

Gabriel D. Cieri, Philadelphia, for appellant.

Lise Luborsky, Philadelphia, for appellee.

Before WIEAND, BECK and HOFFMAN, JJ.


HOFFMAN, Judge:

This is an appeal from an order dated August 15, 1994, granting summary judgment in favor of appellee, Pennsylvania Insurance Guaranty Association ["PIGA"]. Appellant, P & F Industries, Inc., ["P & F"], raises the following issues for our review.

1. WHETHER A CONTRIBUTION PAYMENT BY AN INSURED ON BEHALF OF ITS INSOLVENT INSURER TO EFFECT SETTLEMENT OF AN ACKNOWLEDGED "COVERED CLAIM" DEPRIVES THE INSURED OF ANY BENEFIT UNDER THE PENNSYLVANIA...

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