1. Home
  2. Browse Decisions
  3. Cal.App.4th
  4. 38 Cal.App.4th
  5. 38 Cal.App.4th 936 (1995)
 

WELLS FARGO BANK v. CALIF. INS. GUARANTEE ASSN.

Docket No. A066442.

38 Cal.App.4th 936 (1995)

45 Cal. Rptr.2d 537

WELLS FARGO BANK, N.A., Plaintiff and Appellant, v. CALIFORNIA INSURANCE GUARANTEE ASSOCIATION et al., Defendants and Respondents.

Court of Appeals of California, First District, Division Three.

September 28, 1995.

Attorney(s) appearing for the Case

COUNSEL

Daniel U. Smith, Coogler Law Office, Gil M. Coogler, Feldman, Waldman & Kline, Patricia S. Mar and Malcolm Leader-Picone for Plaintiff and Appellant.

Wolkin & Timpane, Brandt L. Wolkin, Susan M. Hogan and Knecht, Haley, Lawrence & Smith for Defendants and Respondents.

OPINION

PARRILLI, J.

In this case we examine the specific terms of the insurance policies before us to determine whether a third level insurer "drops down" to assume the obligations of a second level insurer when the second level insurer becomes insolvent. We agree with the trial court that the third level policy incorporates an endorsement that unambiguously precludes it from "dropping down" to provide second level coverage upon...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases