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UNIVERSAL PREMIUM v. GUARANTY NAT. INS.

No. 97-CA-000695-MR.

982 S.W.2d 214 (1998)

UNIVERSAL PREMIUM ACCEPTANCE CORPORATION, Appellant, v. GUARANTY NATIONAL INSURANCE COMPANY, Appellee.

Court of Appeals of Kentucky.

Discretionary Review Denied January 13, 1999.

Attorney(s) appearing for the Case

William H. McCann, Penny R. Warren, Wyatt, Tarrant & Combs, Lexington, for Appellant.

Stefan R. Hughes, John David Cole, Cole, Moore & Baker, Bowling Green, for Appellee.

Before GUDGEL, C.J., and COMBS and HUDDLESTON, JJ.

OPINION

HUDDLESTON, Judge.

The issue presented on this appeal is whether Universal Premium Acceptance Corporation (UPAC) is liable to Guaranty National Insurance Company (GNIC) for failing to use a form approved by the Insurance Commissioner when cancelling a truck liability insurance policy issued by GNIC to Michael Johnson.

UPAC is an insurance premium finance company organized under Ky.Rev.Stat. (KRS) 304.30-020(1) and engaged in the business...

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